Tag Archives: Stock Indices
General Notes
It’s going to be easier to technically trade the individual names than the stock Indices, particularly if you want to bottom fish for a rebound. I’m headed out the door! Gold..1610 ish will be a big hurdle zone. Should be … Continue reading
US Treasury Bond Futures Semi Annual
147 is a potential yearly double top…it will be a pivotal level. Given the general condition of the market…. oversold equities vs. the overbought Bonds.. SPU/Bonds hitting the 200 day last night! Pay very close attention to the game afoot! … Continue reading
XOM | Exxon Mobil Corp Daily
If you’re looking for signs of life for a mid-week contra trend rally in the Equity Indices, the Oil names are worth perusing.
SPU/Bond Futures Daily Continuation
Patience…we are getting close in the Spu/Bonds and you do not want to get directionally trapped.. You can see the 200 day which is the green line and the commensurate 50% retrace fibs just below… If you’re short equities, keep … Continue reading
A.M. Look 5/10/12
Mid-Week Shuffle…”often violent contra-trend price action” I.E. if a market is trending lower, the market tries to save itself with with rallies to nowhere ( generally from a very oversold short term condition) which leads to pressure release of the … Continue reading
USDCAD | Canadian Dollar
USDCAD is up against the 200 day Mvg Avg.@ 100.55.( 99.43) is the corresponding Futures level. Pay attention to this level for reactions off the currency crosses as well as contributing to oversold rallies in the equity indices. This will … Continue reading
30 Yr. Bonds
142.13 is the downside pivot and the Daily ORL # Pay attention to this level in relation to the SPU/BOND spread… You know the drill… Bonds down…Equities Firm
A.M. Look 5/1/12
“How can you wake up in the morning and have nothing to say?” Lyrics…slightly corrupted from “Angel From Montgomery” It might be May Day, but as of now, looking around the board, I’d vote for a 5 day Cinco De … 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.