Tag Archives: Spu
Midday Missive
SDS…will put in an ORH day with a close over 36.71 This is a pattern we are inclined to take given the RSI’s “Overbought Stocks” “Oversold SDS”. Spu’s…would need a matching close under 1683 to take the signal. The Pit … Continue reading
Midday Missive
OIH…48.25-30 is the big macro closing resistance area. GOOG…897 is the closing pivot. As long as this remains above you can see a rally towards 950 going into month end IBM…looks cheap compared to a lot of the board. This … Continue reading
A.M. Look 7/19/13
Stocks.. IBM…200 is monthly resistance matching the 200 & 50 day mvg avg’s. This is macro resistance requiring a couple of closes over this level for higher. Nasd 100…the close below 3065.50 puts in an ORL day. 3023 is the … Continue reading
A.M. look 7/17/13
Stocks.. Spu’s…have a potential double top @ 1680. A close under yesterday’s low would lead to a sell off. Bonds… 30 yr….are still trying to break out to the upside. The first test should be 135.27-136.00. As long as 134.20 … Continue reading
Midday Missive
SPU’s…Every technician is looking at a potential double top @ 1679.50. Resting short term stops are 1669.75. You would need a close below 1667.50 to get me interested in picking a short term high. IYT…114.64 is today’s ORL #. A … Continue reading
Miday Missive… W/Grain Trade Alert!
The Gilts and the Bunds have been the better performing Bond markets over the past couple of days. This has manifested itself into value traders buying the Dax. Trade location is key. Market participants are using the 8000 level to … Continue reading
Midday Missive
Nasd 100..wants to print 3044 the old high. Then you might see some profit taking. Spu’s…The next measured swing count is to 1687, however failing @ today’s opening range we would have to close under 1655 to signal a short … Continue reading
A.M. Look 7/11/13
Stocks.. GOOG…924 was the old pre-market high and tgt. This level will run the next swing in GOOG. NFLX…248.85 is the old high, 262 is next resistance. DAX…is over the 8000 pivot. Bonds… 30 yr….The long term point & figure … Continue reading
A.M. Look 7/8/13
Stocks.. Spu’s…by maintaining higher on the week we’re looking for this to move in 30 point increments with 1657 the next tgt level. 1636-42 is short term resistance and not an area to buy strength into the first time up. … Continue reading
A.M. Look 7/5/13
Stocks.. Spu’s…a close over 1627 ish would generate higher tgt’s GOOG…maintaining above 879 should be considered price positive. YCS…as long as this ETF closes above 63.80 the uptrend is intact. 66.27 is closing resistance. Bonds… 30 yr. Bonds…by maintaining above … Continue reading