Tag Archives: Spu
Stock Indices
Spu’s…1387-90 is support…1402 is the closing upside pivot. Gann guys show more than that is needed. Nasd…2700 +- is support and it does not have to get there. Midcap…needs a close under 98660 for an ORL day. We have no … Continue reading
A.M. Look 4/30/12
Today is all about not fighting the flow. It’s the last trading day of the month! Spu’s…Nasd & Gold are slightly lower on the month. USD/JPY…80.00 is 1/2 way back on the year…”125.20 is the June Futures #” EUR/JPY..105.55 is … Continue reading
IAUDUSD_-_Australia_(Dollar)_Index_Point_&_Figure_25x3_Ticks
104.60 seems to be the important level in the Aussie..Above,looks like there is another 80 points. You’ll need more equity strength for this to happen. 12:30 Strength in the Equity Indices should not be faded.
A.M. Look 4/27/12
Spu’s…held support last night @ 1388.70 after the Spanish Debt news. Closes over 1402 will be deemed short term positive the Index. Nasd 100…will need sustained price action and closes over 2735 for more upside. Gold…1650 seems to be the … Continue reading
SDS…QID…TLT…Trade Alert!
We are Closing ” Selling” all of these Long positions @ the market. Longer time frame traders might wish to wait for closing confirmation.
Equity Indices vs. The Bonds
We’re not getting a lot of love from this trade, meaning that we aren’t seeing the desired price rejection off the levels in the Spu and Nasd. Bonds hit perfect resistance and are now retesting support. Spu’s Point & Figure … Continue reading
CQG_IC_Chart_EP_-_E-Mini_S&P_500_Daily_Continuation
We’re coming into Moving Avg central in the Spu’s.. No selling weakness! The mid to high 70’s will be very tough!
A.M. Look 4/26/12
EUR/GBP…has been a big mover over the past month. This cross is getting mildly oversold on the intermediate time frames. It’s also 50% back on a 6 year swing ( a big swing). Forex players involved in this cross should … Continue reading
A.M. Look 4/24/12
Spu’s…1379-80 Nasd 100…mid to high 2680’s Oil…104.10-40 is near term resistance. Only closing over 105 shows convincing new strength. General Comments Expect some 2 way trade early with the spat of U.S. Economic data coming out. The later in the … Continue reading