The Bond charts all look different depending on time frame or type of chart (continuation or day session). Nevertheless price action over 138.22 USAZ is needed for a move to 139.06-9. The rest of the day will be a SPU/BOND … Continue reading
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 filled my downside objective for this move. Price action and a close … Continue reading
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 fills my downside objective for this move. 1973-4 is mvg avg resistance. … Continue reading
Stocks… DAX…9560 is today’s 200 DMA. I’ve attached a DAX/BUND daily and weekly chart. This is Long Dax ( German Equities) vs Short Bund (German 10 Yr. Bonds). We’re at an inflection level in the spreads and the outright Dax. … Continue reading
Stocks… IYT…put in a potential topping pattern with an ORL day. Price action and a close under 154.00 is needed for lower. X…put in a potential topping pattern with an ORL day. Sustained price action under 44.60 would leave way … Continue reading
SPU/BONDS, Nasd 100,AAPL are all attempting ORL days. QID…is attempting an ORH. Sustained price action over44.60 is needed for upside follow through. Spu’s have finally given up a reversal since it last traded @ 1937.50 a month ago. This correction … Continue reading
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 fills my downside objective for this move. 1973-4 is mvg avg resistance. … Continue reading
Stocks… Spu’s…1934 starts resistance with price action needed over 1937.50 for a run to 1952. Nasd 100…looks better than the broader market. 3910-15 is resistance and the closing upside pivot. AAPL…Friday’s low was a retest of the earnings report low … Continue reading
AAPL…96 is resistance NFLX…445 is resistance and the upside closing pivot. LCQ…Cattle is attempting an ORL day. 155.75 is mvg avg support. Weekly sell stops are @ 155.30 tgting 153.40. In short, the Spu/Bond Spread has yet to bottom. I’m … Continue reading
Stocks… Spu’s…closing back above 1940 will put the Bulls firmly back in control. 1875 is my buy zone. This is the spot I’m buying the Index to see how big of a bounce I can get. Nasd 100…3850 will be … Continue reading