Tag Archives: Spu

A.M. Look 3/4/15

Stocks… SPU’s…2093-95 will be pivotal all day. The index can hold here, however sustained price action under will lead to more profit taking. DAX..11,200 is the hold level. Sustained price action below this level will have me looking for a … Continue reading

S&P 500 Futures… Trade Alert!

This is an opening position Sell 2 EPH5 @ 2103. Time to get a little bit of a hedge on. Europe is in profit taking mode, which is not something to be ignored. ICPT, OREX & LNG will have a … Continue reading

Midday Missive

DAX…11,362 is today’s ORL #. This is where the rubber will meet the road. More than a peek and a reversal higher at this level will lead all other indices lower. Spu’s…show me something under 2100 before the Bulls start … Continue reading

A.M. Look 2/27/15

Stocks… Long NASD 100 & Spu’s vs Short treasuries have been grinding. Both need to hold on the daily charts to not roll over. The weekly Spu/Bonds show a topping pattern, at least one that needs time to work off … Continue reading

A.M. Look 2/24/15

Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. Euro Stoxx 50…price action under 3498 will run out weak longs. DAX…10,900 is the hold level. Nikkei…18,425 is today’s ORL # Bonds …   … Continue reading

A.M. Look 2/23/15

Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. AAL…gains upside momentum over 51.10. UA…put in ORH day on Friday. Upside follow through should test close to 80. AGIO…price action under 103.50 can … Continue reading

A.M. Look 2/17/15

Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Spu’s..2060 is … Continue reading

A.M. Look 2/11/15

Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. VIX…14.85-59 is major support. I’m buying the 16  Calls Expiring 2/18/15 if we print into this level. Size matters with this … Continue reading

A.M. look 2/9/15

Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. Nasd 100…the mid to high 4260’s will remain macro resistance and the closing upside pivot. 4224 is 50 DMA resistance. XOM…89.55 … Continue reading

A.M. Look 2/5/15

Stocks… SPU’s…2049.25 is today’s ORH # MIDCAP…147230 is today’s ORH # Bonds … FX… EURO…114.85 is resistance. 113.00 is support. GBP/JPY…177.50 is support and the closing downside pivot. Look for this to trade in the direction of U.S. Equity Indices. … Continue reading