Tag Archives: S&P 500 Futures
A.M. Look 5/15/14
Stocks… Spu’s…sustained price action under 1882 is needed for a further sell off. Nasd 100…still needs under 3575 to do any pattern damage. DAX…9600 is today’s support. FTSE…6995 is the 1999 high with resting buy stops above. This is the … Continue reading
A.M. Look 5/13/14
Stocks… IWM…114.40 resistance. A couple of closes over this level is needed for a test of the yearly highs. Nasd 100…longer term point & figure charts show that some work is needed to get through 3625-35.In fact this is where … Continue reading
A.M. look 5/7/14
Stocks… TWTR…I have 2 downside targets, 31 and 15. 31 +- a touch needs to hold today going into early tomorrow for a short term hold. A 10% bounce is as much as I’d initially look for off the 31 … Continue reading
A.M. Look 5/6/14
Stocks… Spu’s…1894 is resistance. QQQ…the upside breakout is a close over 88.30. Yesterday’s low is your risk to be long (86.50 Close). PCLN…maintaining and closing over 1196 should see this rally to 1248. UNH…United health care is another beaten up … Continue reading
A.M. Look 5/5/14
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. DAX…put in a ORL day Friday and is following through to the downside. 9426 is mvg avg support. This is just one more tired Index that keeps failing at … Continue reading
A.M. Look 5/2/14
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. Midcap 400.. the 50 DMA capped it’s rally yesterday, this index will gain upside momentum closing over yesterday’s high. MVV…65 is the 50 DMA. The upside closing momentum # … Continue reading
A.M. Look 5/1/14
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. KRU…82.00-30 is first resistance and the upside pivot. FB…60.50 is near resistance. SMH…just missed putting in an ORH day. As long as this stays above 44.30 I’d give this … Continue reading
A.M. Look 4/30/14
Stocks… Spu’s… closing over 1874 will run out the short sellers. 1864 was the qtrly close. Since it’s month end this will become a big pivot late in the day. Good above/Negative below. Late price action below 1860 (last weeks … Continue reading
A.M. Look 4/29/14
Stocks… Spu’s… price action over 1870 and closing over 1874 will run out the short sellers. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 133.24 is first support. A close below 133.15 … Continue reading
Price Action
The Spu’s held Unchanged on the year with interim support @ 1844-46 matching the Spy @ 184.70. Both are attempting ORL days and both have hit intermediate support. 15.20 is resistance in the VIX. Most instruments are getting oversold again. … Continue reading