Stocks… Nasd 100…3633 is closing support. NASDAQ leads, this is where all the social enabling and healthcare biotech names are. VIX…is holding support @ 14.25. Sustained price action above 16.80 is needed for a rally. XLI…needs to hold 51.30 for … Continue reading
Stocks… Nasd 100…3633 is closing support. Spu’s…price recovery and a close over 1832 will lead to a test of the high. A failure @ 1832 (resistance) and a close below 1800 will lead to a test of 1730 again. SSO…shows … Continue reading
Spu’s…1831.80 is today’s Pit ORL#. Closing below this level is price negative. 1820 is the first area of support. 30 yr. Bonds..this is attempting it’s second reversal day in a row. I’m not biting either way. It was a descent … Continue reading
Stocks… Nasd 100…3633 is closing support. EWA…The Aussie shares have been on a tear. 25.18-36 is the closing resistance level. EWA could retest support @ 24.25 the lowest risk buy zone. Maintaining closes over 24.62 (the Monthly ORH#) is key … Continue reading
XLP…28 Feb 42 calls 14×17 cents XLY…28 Feb 65 calls 54×58 cents XLI…28 Feb 51.50 Calls 31×35 cents XLF…28 Feb 22 calls app .10 cents SSO..28 Feb 103 Calls MVV …I like the 65 strike. Probably have to go to … Continue reading
I sold USAH ( the 30 Yr. Bond Futures) as a surrogate Long Equity Trade. We’re short @ 132.31. We are risking 6 ticks ( $187.5 x 4 = $750) to see if I’m correct. The better resistance is up … Continue reading
Stocks… Spu’s…1807 is the 50 day mvg avg. it will be pivotal all day. (firm above/weak below) Bonds.. 30 yr. Bonds…132.28-30 is resistance . FX… EUR/AUD…153 +- a few is resistance. AUD/USD…89.10-88.75 is support. USD/JPY…101.50-70 is Dollar support..Yen resistance (98.30-50 … Continue reading
Stocks… Nasd 100…3584 is the upside pivot for more strength. A monthly close over 3630 leaves way for a test of 3754. THRX…Theravance Inc put in a bullish ORH pattern Friday and has followed through with a close over it’s … Continue reading
Stocks… Nasd 100…3524 is support. SPU’s…still need closes over 1800 for higher. The first descent retrace is in the low 1770’s. GDX & GDXJ…have been creeping higher since Dec. They both look like they can rally another couple of dollars. … Continue reading
Stocks.. Dax…9300 is first resistance. Bonds… Bund…have rallied a long way. 143.40 is first support and the short term downside pivot. 30 yr. Bonds…133.18 is resistance. Look for more weakness under 132.27. This could easily give you another point. FX… … Continue reading