Stocks… GDXJ…above 29 this has room to 30.40. 34.64 is today’s 200 DMA. Spu’s… The point & figure charts show new strength over 2050 resistance is needed for upside. Bonds … FX… Commodities… Gold…is knocking on the door again @ … Continue reading
Stocks… Spu’s…I need a close over Friday’s high of 2061 to get Bullish. Spu’s need under 2028 and a close under 2022 to bring the bears back out of hibernation. Nasd 100… is a sideways pattern. Price action and a … Continue reading
Stocks… IAT…regional banks need to hold 33.65 for higher. Spu…2022-24 is the level that needs to hold on a break. TWX,V,BLK,EXAS,BRKA have good technical formations. If the Indices hold an early break and start to recover these names have room … Continue reading
If you didn’t buy them out of the gate today, it’s a little rough chasing it. I have room on the point & figure in the Spu’s to run to as high as 2078. Do not try to pick a … Continue reading
Stocks… Spu’s….need to sustain over 2010 resistance for a trad able low to be in place. Price action under yesterday’s low will lead to another leg down as seen on the point & figure. Spu/Bonds… came close to putting … Continue reading
Spu’s… The low risk buy zone is at the 200 DMA @ 1957. Nasd 100…has to find footing between 4090-4100. Closing under this level is negative. PCLN…has been a big drag on Nasdaq. This name has to stabilize around 1073 … Continue reading
Stocks… SPU’s…2012 was the lower end of our support zone. Sustaining above 2025-8 will keep the Equity Indices bid into mid week. Closing below 2010 would have me looking for another 40 points down in this Index. DAX…9550 will … Continue reading
Stocks… Spu’s…2054 is the pivot. Below… It can revisit 2022/ Above… Spu’s need a close back over 2067 resistance. IBB…299 is 50 DMA support, a must hold level. Price action back over 306 puts the Bulls back in charge. … Continue reading
Cancel this order!! Working orders BUY 4 EPH @ 2066 I like to get trades on my terms. I’m not interested in getting filled late day today. Wishing everyone a Happy and Healthy New Year! We’ll pick this up Next … Continue reading
Stocks… Spu’s…an early break into the mid to low 2060’s should be bought with a tight stop. Nasd 100…an early break into the low 4260’s should be bought with a tight stop. IWM… A close today over 120.97 puts … Continue reading