Stocks… GOOGL…584.50 mvg avg support needs to hold to avoid lower. Spu’s…1960-2 still needs to hold to avoid lower test of 1952. Nasd 100…3890 is Point & Figure support. Bonds 30 yr. Bonds…holding above 137.15 keeps these firm today. FX… … Continue reading
We bought some Portfolio Insurance off the potential double top in the Spu’s. Like yesterday, when the Equity Indices weakened, the Vix did not rally to confirm a break in the Indices! Given the potential chart pattern I bought a … Continue reading
SCIF…Market vectors small cap India is holding. This has the potential to rally to 49 as long as it holds today’s low of 46.87. ORCL…needs a close over 40.85 to confirm higher. Spu’s…1960 is today’s key closing level to keep … Continue reading
Stocks… AAPL…is breaking out to the upside on a qtrly chart above 95.30. I’m looking for another 10-15 % of upside. GPRO…Gopro is consolidating between 40.50 support and 45.25 resistance. These two levels will run the next swing. Spu’s…need a … Continue reading
Stocks… Equity Indices have hit my upside tgt’s. The players are all Long and many instruments are getting short term over extended http://yragharris.com/2014/07/01/euphoric/ Yra wrote this piece last night and it’s well worth reading! This A.M.’s Yellen comments have the … Continue reading
IWM…120.58 is the all time high. This is a caution zone for Bulls, not a level to keep buying without some more price action. Spu’s…1968-70 is resistance and the upside closing pivot. MSTR…breaks out of it’s consolidation phase with a … Continue reading
Stocks… Spu’s…need over 1954 to rally anywhere. 1931 is the weekly ORL# on a daily chart, not a continuation. Nevertheless, that is what is needed for weakness. LNG…the end of month marking started yesterday. GPRO… this was a classic opening … Continue reading
Stocks… VIX…12.50 is the 50 DMA. 12.90 looks to be the momentum # and upside pivot.14.00 is the 200 DMA and the next significant level. LNG…put in an ORL day. Price recovery over 67.40 will be needed to negate the … Continue reading
Cancel this order!!!!!!!!!!Sell 30 Yr. Sept Bond Futures “(USAU)(ZBU)” @ 136.09 GTC The Russell, Spu’s & Nasd 100 have all put in ORL days. It’s more meaningful that the Spu’s have done it from new all time highs, however all … Continue reading