Tag Archives: Spu

Potential ORL’s all over the board

Posted on 09/09/2014

SPU/BONDS, Nasd 100,AAPL are all attempting ORL days. QID…is attempting an ORH. Sustained price action over44.60 is needed for upside follow through. Spu’s have finally given up a reversal since it last traded @ 1937.50 a month ago. This correction … Continue reading →

A.M. Look 9/5/14

Posted on 09/05/2014

Stocks… Spu’s…the bulls saved the chart pattern from putting in an ORL in the last minutes of trading. Closing under 1987.80 puts in an ORL week and an intermediate market top. Support starts @ 1966-54. Nasd 100…needs to sustain above … Continue reading →

A.M. look 8/26/14

Posted on 08/26/2014

General Comments or Valuable Insight The Spu’s will need price action under 1987 for any pull back. The board will be a low volume trade and will not have a Risk Off tone unless this happens. World Bond markets remain … Continue reading →

The Late Show

Posted on 08/15/2014

30 yr. Bonds…142.00 was the qtrly break down in Bonds from the first qtr 2013. Any print close to 142.00 is getting rich.Even knowing that this is a level to not buy strength, but start selling rallies again, the Bonds … Continue reading →

A.M. Look 8/15/14

Posted on 08/15/2014

Stocks… DAX…9390 is today’s resistance.  Spu…1952 is support. Bonds 30 Yr. Bonds…140.14-17 is Monthly Fib resistance and the closing upside pivot. FX… Euro…Price action and a close under 133.30 is needed to see another 100 point sell off…Price action above … Continue reading →

A.M. Look 8/12/14

Posted on 08/12/2014

Stocks… Spu…is caught between 1932 support & 1939 resistance. 1952 is 50 DMA resistance.   Nasd 100…looks better than the broader market. 3910-15  is resistance and the closing upside pivot. Do not fade price action above 3920. AAPL…sustained price action … Continue reading →

A.M. Look 8/11/14

Posted on 08/11/2014

Stocks… Spu’s…1934 starts resistance with price action needed over 1937.50 for a run to 1952. Nasd 100…looks better than the broader market. 3910-15  is resistance and the closing upside pivot. AAPL…Friday’s low was a retest of the earnings report low … Continue reading →

Friday Afternoon…the world loves Vladimir again!

Posted on 08/08/2014

SSO…I’m looking for this to trade up to 114.50 for a start. Closing over 115.50 is very Bullish. Spu’s…a close in the all session mini’s (EPU) over 1925.75 puts in an ORH day off a very oversold market. Look for … Continue reading →

A.M. Look 8/8/14

Posted on 08/08/2014

Stocks… Spu’s…(Pit Session) put in an ORL day.  1874-57 is the low risk buy zone. SSO…104.25 is the 200 DMA. Nasd 100…3800-10 is support. A close over 3859 is needed for bottoming action.   VIX…14.80 is first support. Only a … Continue reading →

Midday Missive

Posted on 07/31/2014

The Italian 10 yr. Bond…. FBTPU4, which signaled the low in rates yesterday for all the major Bond markets, put in an ORL day and looks vulnerable to another 100 point drop with sustained price action below 127.45. Spu’s…put in … Continue reading →