Tag Archives: S&P 500 Futures
Midday Missive
AAPL…held it’s weekly breakdown # yesterday @ 91.35. This is the least risky stock on the board to own with a closing stop against this level going into month end. A close above 93 will be the start of another … Continue reading
Price Action Equity Indices
EEM is attempting an ORL day SPU’s …1913.50 will be the key hold # through tomorrow. This is the weekly ORL # Nasd 100…the mini’s are putting in an ORL day with a close below 3779.50, however the pit session … Continue reading
A.M. Look 6/11/14
Stocks… Spu’s…need new strength over 1954-56 for more upside. 1st support is 1931-34. FB…Needs new closing strength over 66.60 for another move higher. TWTR…34.55 is near support. On the daily chart this looks poised to test the 50 DMA @ … Continue reading
A.M. Look 6/10/14
Stocks… Spu’s…1931 is daily mvg avg support. Bonds Bunds…a close under 144.90 is 50 DMA support. This is a low risk buy zone with a very tight stop. FX… EUR/JPY…is poked below 138.70 (200 DMA). EURO….Yesterday I placed an order … Continue reading
A.M. Look 6/9/14
Stocks… IBM…185 is the 200 DMA support. Bonds Bunds…146.30-40 is resistance. FX… EUR/JPY…price action over 140.25-30 in this cross will keep a firm undertone to the Euro. GBP/USD…167.90 is neutral for the Pound. Good above/Negative below. Commodities… Corn…needs to close … Continue reading
Equity Indices & Further Comments
Nasd 100…resting sell stops are @ 3714, today’s ORL # 90.81 QQQ Spu’s…resting sell stops are @ 1916, today’s ORL # 192.26 SPY DAX…resting sell stops are @ 98680, today’s ORL # 31.87 EWG VIX…by holding today’s low this could … Continue reading
Midday Missive
We’re seeing some profit taking out of Europe going into London’s close. Spu’s…in order for any downside to be generated sustained price action under 1905 is needed. If indeed that were to occur at some point today, 1899 is the … Continue reading
A.M. Look 5/21/14
Stocks… Nasd 100…Point & Figure break out is above 3625. Sustaining above leads to an upside breakout. Bonds 30 yr. Bonds… 136.27 should be monitored for tone on the SPU/BOND spread. FX… EUR/JPY…138.06 is 200 DMA support and is over … Continue reading
A.M. Look 5/19/14
Stocks… Nikkei…is putting in an ORl day. This is not a pattern I’d look to take given the current RSI’s which show it’s getting oversold on the daily chart. Nasd 100…3590 will be pivotal. We’re in Rally mode by maintaining … Continue reading
A.M. Look 5/16/14
Stocks… Spu’s…a close under 1854.50 puts in an ORL week. DAX…9600 is today’s support and the closing downside pivot. Below, 9470 ish is the next level to look for a bounce. EWZ…the rally in Brazil looks tired. A close under … Continue reading