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
Stocks… BDBD…Boulder brands broke out yesterday. Support is 10.74. UA…put in an ORL topping pattern yesterday. 73.65 is initial support. Whether this is just short term profit taking from a big run or something bigger,only time will tell. Bonds … … Continue reading
Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. VIX…14.85-59 is major support. I’m buying the 16 Calls Expiring 2/18/15 if we print into this level. Size matters with this … Continue reading
Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. Nasd 100…the mid to high 4260’s will remain macro resistance and the closing upside pivot. DAX…10,590 is mvg avg support and … Continue reading
Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. Nasd 100…the mid to high 4260’s will remain macro resistance and the closing upside pivot. 4224 is 50 DMA resistance. XOM…89.55 … Continue reading
The highs in both the Nasdaq 100 & Spu’s need to see price action above after NYSE opens to avoid a sell off to unchanged or lower. Time Frame Trading. FX… from 2/5/15 EURO…114.85 is resistance. 113.00 is support. Today … Continue reading
Stocks… SPU’s…2065 is resistance and the closing upside pivot. Spu’s and the spreads put in ORH days yesterday. It’s all about whether the market holds a retest and honors the pattern. EFA…64.00 is the first tgt. 65-65.20 is major resistance … Continue reading
Stocks… SPU’s…2049.25 is today’s ORH # MIDCAP…147230 is today’s ORH # Bonds … FX… EURO…114.85 is resistance. 113.00 is support. GBP/JPY…177.50 is support and the closing downside pivot. Look for this to trade in the direction of U.S. Equity Indices. … Continue reading
Catching up. SPU’s…bottomed @ the 200 DMA yesterday. A close tomorrow over the 50 DMA @ 12041 (126.50 SSO) is needed to confirm a low. OIL…just hit it’s initial upside tgt @ 54.00 EURO…any price action over 115.10 is too … Continue reading
The selling is not going to abate into the close. We’re down on the month and down on the year in both the Spu’s & Nasdaq. Stick to the stop written in GILD. Sell the QQQ position @ 101 intra … Continue reading