We’re at initial resistance in the Equity Indices. If there is continued strength today look for the Spu’s to trade in 10 point increments. 30 Yr. Bonds are very oversold and into levels that can bite the Bears in the … Continue reading
Stocks… Nasd 100… today’s short term hold level is 4441. First resistance is 4467. Spu’s…2095-97 is resistance. FTSE…6722 is the 200 DMA support which held yesterday and last night. any new longs should be managed against this level. Bonds … Continue reading
Stocks… Spu’s….held yesterday. Today will be all about how and if the Spu’s hold after the non-farms #. Sustained price action under 2090 will lead to lower. 2110 is resistance. Nasd 100… 4430-40 level should provide for a bounce. This … Continue reading
Stocks… Spu’s…have to sustain over 2015 for higher. 2095.50 is today’s 50 DMA DAX…11,380 is the weekly closing hold level. Bonds … 30 Yr.… Will be a price action time frame trade today. They are getting oversold so be wary … Continue reading
Another day…another opening range trade. Spu’s get much below 2112 look for more red across the board. GPRO…the market darling has hit it’s 200DMA @ 57.90 which should cap that rally as well.
UVXY…resting buy stops are over 42.20. a running of these stops would lead the VIX to test 15.16 it’s 200 DMA. MVV…Midcap is coming into support, which runs into 80.45. Russell & Spu’s are more vulnerable. Spu’s… should bounce off … Continue reading
Stocks… Spu’s…only come under pressure with price action below 2112, Monday’s London Low. DAX…11,852 is mvg avg resistance. Closes over 12,000 starts a new leg up. HEDJ…66.20 is the matching #. Spu’s,Nasd 100 & QLD put in ORH days. … Continue reading
Closing Trade! SELL 2 EPM 5 @ the Market!
BUY 2 EPM5 @ the Market!
Stocks… Spu’s…(H) sustaining into the upper 60’s will give way to 2078 resistance. DIS…is a name that should stay strong into the end of the qtr. Bonds … Bonds…(M) 157.25 is today’s support. 159.27 is today’s resistance and upside pivot. … Continue reading