Tag Archives: S&P 500 Futures
The late Show
Path of least resistance going into qtr end is up. Lower lows at the 50 DMA in the Nasd 100 & Spu’s have held. LNG could catch a bid going into tomorrow. GOPRO has hit it’s tgt at 90. F…Ford … Continue reading
Midday Missive
The Bond charts all look different depending on time frame or type of chart (continuation or day session). Nevertheless price action over 138.22 USAZ is needed for a move to 139.06-9. The rest of the day will be a SPU/BOND … Continue reading
A.M. Look 9/29/14
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 filled my downside objective for this move. Price action and a close … Continue reading
A.M. Look 9/26/14
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 fills my downside objective for this move. 1973-4 is mvg avg resistance. … Continue reading
A.M. Look 9/24/14
Stocks… DAX…9560 is today’s 200 DMA. I’ve attached a DAX/BUND daily and weekly chart. This is Long Dax ( German Equities) vs Short Bund (German 10 Yr. Bonds). We’re at an inflection level in the spreads and the outright Dax. … Continue reading
A.M. Look 9/15/14
Stocks… GOOGL…560 is trend support. NFLX…461 is trend support. A close below 454 is needed for a deeper correction. Bonds … 30 yr. Bonds…(Z) 138.30 is key resistance and the low risk sell zone. FX… EUR/AUD…hit resistance last night and … Continue reading
A.M. look 9/10/14
Stocks… Nasd 100…sustained price action over 4085 negates yesterday’s chart pattern. It will take price action under 4050 to test 3990-4001 Fib support. Spu’s…do not have the same chart pattern as NASDAQ. Price action under 1980 is needed to test … Continue reading
Potential ORL’s all over the board
SPU/BONDS, Nasd 100,AAPL are all attempting ORL days. QID…is attempting an ORH. Sustained price action over44.60 is needed for upside follow through. Spu’s have finally given up a reversal since it last traded @ 1937.50 a month ago. This correction … Continue reading
A.M. Look 9/8/14
Stocks… SPU’s…need sustained price action under 1885-7 to break anywhere. Bonds … 30 yr. Bonds…range bound. FX… GBP/USD…Sterling is reacting to the Scottish Independence Polls. It put in an ORL week last week. The Yes camp for devolution is gaining … Continue reading