Tag Archives: Spu
A.M. Look 9/25/13
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
Midday Missive
Spu’s…1688.20 is first support. Closing under 1682.50 would have us looking for a much deeper correction. VIX…14.50 is first resistance. NFLX…a close under 305.52 ( daily ORL#) would have us thinking this is the high for a while.
A.M. Look 9/23/13
FX… AUD/USD…93.50 is support. 94.85 is daily resistance and the upside pivot. Commodities… OIL…104.70 will act as your short term pivot. Above, buy them before you sell and see how much you get. This level is a pivot, so conversely, … Continue reading
Spu’s…Spu/Bond
The swing count from last qtr in the S&P 500 Futures was 1730. We didn’t quite reach it the first time up. After just missing the tgt, an 80 point break ensued followed by a 100 point rally to print … Continue reading
Fed
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
A.M. Look 9/16/13
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
A.M. Look 9/9/13
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
Midday Missive
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
30 yr. Bonds…Pattern Alert !
30 yr. Bonds…the pit session is attempting a daily ORH with a close over 132.28. The all session chart needs a close over 133.16 for this pattern. In any event 133.23-25 is resistance the first time up. We pointed out … Continue reading
Equities
They’ve held for now… You can buy the Spu’s or the SSO with a stop at today’s low looking for upside follow through into month end. The most important aspect of buying these dips in here is you know exactly … Continue reading