Stocks.. Spu‘s…1682.50-1683.50 is support and the downside pivot. Nasd 100…needs a close over 3240 for higher. DAX…8665-80 will be the pivot Bonds30 yr. Bonds…132.15 -18 is the support zone.Bund…by holding above 140 this has the potential for another 200 hundred … Continue reading
Stocks.. Spu’s…1682.50 is the final hold #. Bonds Bunds… are into weekly resistance around 140. 30 yr.…133.11-15 is resistance and the upside pivot. FX… Kiwi…8160-70 is support AUD/JPY…91.50 is support Commodities… General Comments orValuable Insight Pay attention to the opening … Continue reading
Stocks.. Spu’s…1682.50 is the final hold #. Bonds Bunds… are into weekly resistance around 140. 30 yr.…133.11-15 is resistance and the upside pivot. FX… Kiwi…8160-70 is support AUD/JPY…91.50 is support Commodities… General Comments or Valuable Insight Pay attention to the … Continue reading
Stocks.. Spu’s…I’ll need a close over 1725 to think there is much of any upside left. Nasd 100…3240 will act as the upside closing pivot Bonds 30.yr. Bonds..130.10 is support. 132.30 is resistance FX… AUD/USD…94.25 is support and the downside … Continue reading
Whatever happens this afternoon I seriously doubt you’ll be able to execute faster than the Bots. I’m still deferring to the Sept Equity Index contracts until tomorrow. On a continuation chart there will be resting sell stops under 1694.75 in … Continue reading
Sell the AUD/USD @ 94.20. ( 93.72 Dec. Futures). We’ll be using a 25 point stop. We’re looking for an initial 60-70 point break off the level. That would likely see EUR/AUD testing the 142.15 area. This is where the … Continue reading
Stocks.. Spu’s…1704-05 will be pivotal early. Below, the Spu’s could try to trade back to 1690. Bonds 30 yr. (Sept)…133.15 is resistance and the closing upside pivot. FX… USD/JPY…98.27 is Dollar support/ Yen resistance ( 101.76 Sept. Futures) GBP/USD…157.20-50 is … Continue reading
Stocks.. Spu’s…1680.50 is near resistance. 1665 is support. Nasd 100… 3200 should be sticky the first time up. This is just not a level to buy strength. Bonds… Bunds…are very oversold. 30 yr…tgt’s and resistance remain the same. Italian 10 … Continue reading
Stocks.. Spu’s…the buy stops are over 1664 and the sell stops below 1630. Bonds… No change FX… No change Commodities… Oil…I wouldn’t try to pick a high until later in the week. Still looking to sell 116.50’s the first time … Continue reading
Back and forth we go in the Equity Indices. I view this a technical range trade. The Spu’s need to elect the 1625 sell stops to entice new sellers. We’ve seen another failure to rally anywhere in the broader indices … Continue reading