Tag Archives: Spu
Spu’s & Nasd 100 ….Pattern Alert!
Pit sessions….. SPU…sell stops and the ORL# is 1759.20 NASD 100…3369 All Sessions…. SPU… 1754.50 is the ORL. Nasd 100…3368.50 Closing below the All session #’s would put in an interim market top.
Midday Missive
We’re filled on the VIX call spread @ 65 cents. The spread has gone 70 bid a couple of times. I was clearly premature not waiting for the AUD/JPY to trade closer to the stop level to enter. The spread … Continue reading
AM. Look 10/21/13
Stocks.. Spu’s…use 1730 as the near term pivot. Bonds 30 Yr. Bonds…support start @ 133.07-132.28. This would be a good area to buy before you sell. 135.00 is weekly closing resistance. FX… AUD/JPY….stays firm as long as it maintains above … Continue reading
Midday Missive
India ( PIN) & VNM (Vietnam) are both at resistance with Brazil (EWZ) at my first tgt area. Spu’s…it will be a late day game. 1730 is the near term hold and pivot which will run any profit taking. New … Continue reading
A.M. Look 10/16/13
Stocks.. Play in the names that are reporting today if you must trade. Mattel,BAC,American Express,Ebay IBM are some of the bigger names. Spu’s…need under the mid 1680’s to break down. Bonds FX… Commodities… Gold…needs above 1300 to mount a rally. … Continue reading
A.M. Look 10/11/13
Stocks.. Spu’s…1676 becomes near support. Only price action under 1671 changes the pattern. Maintaining and closing over 1687 will lead to a test of 1705.1692.25 is the weekly ORH # Nasd 100…3251.25 is the weekly ORH# Nikkei…closing and maintaining over … Continue reading
Midday Missive
VIX is coming into support @ 16.90-1700. Spu’s…1676 is a 30 % retrace from this past down move. The S&P 500 needs a close over 1686 to turn up. Those of you who have a long portfolio should consider a … Continue reading
Midday Missive
Nasd 100…3100 should bounce the first time down., however the bigger game will be played out @ 3076.50 which is the Monthly ORL#. SPU’s…1530-32 is the Monthly ORL# and the first downside tgt CB…Chubb Ins, a relatively low risk name, … Continue reading
A.M. Look 10/9/13
Stocks.. Bonds FX GBP/USD….are testing the 159.40 pivot level. They either bottom right in here or break another 200 points. USD/CHF…is putting in an ORH day. The Swiss Franc is breaking back to the downside, which is reflective of less … Continue reading
A.M. Look 10/8/13
Stocks.. Spu/Bonds…is sitting on the 18 week mvg average.This is a big go or no go level! The last time we touched this line was April 8th and it held for a very big move in the spread. In April … Continue reading