Tag Archives: S&P 500 Futures
A.M. Look 3/3/14
Stocks… Nasd 100…look for a test of 3635. Spu’s… staying under 1844-45 is price negative. 1815-18 is the first good buy zone. NFLX…put in an ORL day. 440, 432 are possible bounce levels. PCLN…put in an ORL day. This has … Continue reading
Pattern Reminder
SPU’s,SSO,Nasd 100,QQQ,QLD,PCLN, ASX 200 Futures,MVV,Midcap 400,XLK,XLV, Are all putting in ORH months. This is a bullish formation. Any one looking to short this formation before Early Monday morning is daft! PG,CB & some of the more mundane names look to … Continue reading
TLT…Follow Up
Personally I think this will be another take it in the Shorts moment for the Risk off crowd. A likely scenario is the Indices hold the pattern. I’m not crazy about being short equities into month end. The Nasd … Continue reading
A.M. Look 2/25/14
Stocks… Spu/Bonds & Spu’s…did not put in an ORH pattern. Spu’s… need over 1847 for higher, or 1836-37 for a push lower. Nasd 100…(ENQH4) all session put in an ORH pattern yesterday, however the NYSE ( Chicago Pit session) did … Continue reading
A.M. Look 2/21/14
Stocks… Nasd 100…3633 is closing support. NASDAQ leads, this is where all the social enabling and healthcare biotech names are. Spu’s… are once again higher on the week and flirting with unchanged on the year. The later in the day … Continue reading
A.M. Look 2/20/14
Stocks… Nasd 100…3633 is closing support. Spu’s…price recovery and a close over 1832 will lead to a test of the high. A failure @ 1832 (resistance) and a close below 1800 will lead to a test of 1730 again. SSO…shows … Continue reading
Late observations
Spu’s…1831.80 is today’s Pit ORL#. Closing below this level is price negative. 1820 is the first area of support. 30 yr. Bonds..this is attempting it’s second reversal day in a row. I’m not biting either way. It was a descent … Continue reading
Midday Missive
So much for the mid week break in equities. Despite the early jump in Vix it is rolling over. 14.22 is first support. Soybeans challenged it’s 200 mvg avg. 13.75. This is an exit zone. We saw some early stock … Continue reading
A.M. Look 2/18/14
Stocks… Nasd 100…3633 is closing support. EWA…The Aussie shares have been on a tear. 25.18-36 is the closing resistance level. EWA could retest support @ 24.25 the lowest risk buy zone. Maintaining closes over 24.62 (the Monthly ORH#) is key … Continue reading
A.M. look 2/13/14
Stocks… Spu’s…1807 is the 50 day mvg avg. it will be pivotal all day. (firm above/weak below) Bonds.. 30 yr. Bonds…132.28-30 is resistance . FX… EUR/AUD…153 +- a few is resistance. AUD/USD…89.10-88.75 is support. USD/JPY…101.50-70 is Dollar support..Yen resistance (98.30-50 … Continue reading