Stocks… Spu’s…I still have 2061 as a level to look to buy before you sell. Looking at a long term point & figure Spu’s could work there way into the high 2040’s and still hold long term pattern integrity. GOOGL…560 … Continue reading
Stocks… SPU’s…2093-95 will be pivotal all day. The index can hold here, however sustained price action under will lead to more profit taking. DAX..11,200 is the hold level. Sustained price action below this level will have me looking for a … Continue reading
This is an opening position Sell 2 EPH5 @ 2103. Time to get a little bit of a hedge on. Europe is in profit taking mode, which is not something to be ignored. ICPT, OREX & LNG will have a … Continue reading
Stocks… Long NASD 100 & Spu’s vs Short treasuries have been grinding. Both need to hold on the daily charts to not roll over. The weekly Spu/Bonds show a topping pattern, at least one that needs time to work off … Continue reading
Stocks… OXY…as long as this remains above 79.35 close, look for higher prices. CVX…110.00 is resistance and the closing upside pivot. MRO…Marathon is a low volatility name. As long as this remains above 28.40 close the pattern is positive. Closing … Continue reading
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. Euro Stoxx 50…price action under 3498 will run out weak longs. DAX…10,900 is the hold level. Nikkei…18,425 is today’s ORL # Bonds … … Continue reading
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. AAL…gains upside momentum over 51.10. UA…put in ORH day on Friday. Upside follow through should test close to 80. AGIO…price action under 103.50 can … Continue reading
Stocks… VIX…is flirting with the 200 DMA again @ 14.66 Bonds … 30 Yr. Bonds..(H)…price action under 144.00 can lead to another 2 points of downside FX… EUR/AUD…144.23 is the lower end of the recent range. This is support … Continue reading
Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Closes over … Continue reading
Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Spu’s..2060 is … Continue reading