Nasd 100..should have a bounce off the 200 day @ 3365 ish. Shorts should be out of the bulk of their position @ this level. This is the spot to be taking off (locking in profits) on 75% of your … Continue reading
133.11 Is the Fill price for the 30 yr. Bonds. Looks like I was a little premature on this trade. Hopefully there are still enough people that don’t wish to trade the volatility and would seek some solace in owning … Continue reading
Spu’s… are now lower on the year. 1846.25 is that #. Mvg avg support is @ 1837.25. They weaken below. Resting sell stops under 1830 tgt 1800 and then 1685-90 via the resting macro sell stops @ 1732. Nasd 100…3412 … Continue reading
UVXY…anything close to 60 is a ( take some money off the table zone for Longs). 61.45 is the first tgt level. VXX…42.60 is the matching zone. 43.80-44 is the 1st tgt level. We’ve come a long way down, with … Continue reading
Stocks… Spu’s…could trade into the mid to high 1890’s Nasd 100…3694-3700 is resistance and the closing upside pivot. VIX…14.40-50 is first resistance and the 200 day mvg avg. 15.50 is an exit zone for the bulk of any long volatility … Continue reading
Stocks… Spu’s…could trade into the mid to high 1890’s IYT…the long term buy stops are over 136.95. The market should pause @ 137.30-40, however holding above 137 generates much higher targets. NFLX…could easily rally back to 390. XLE…is in rally … Continue reading
General Comments orValuable Insight There is nothing new to report or do. The Spu’s are up 10 points on the year with the Nasd down 17 points. The Yen is following today’s weakness in the bonds with the Yen crosses … Continue reading
Stocks… VIX…needs above 15.15 to rally to 15.84. The weekly buy stops are at 16.40 with 16.64 being weekly closing resistance. Nasd 100…3545-50 is today’s support and the next inflection level. The weekly breakdown level is 3576. Closing below here … Continue reading
Stocks… DAX…needs closes over 9400 for higher. EWG…30.12 is a potential weekly double bottom. Closes over 31 are needed for higher. Nasd 100…3623 is mvg avg resistance and the daily upside pivot. Bonds10 yr. Bond (M)….by holding last night’s low, … Continue reading