Tag Archives: Stock Indices
A.M. look 12/20/12…W/Trade Alert!
Oil…91.45– 92 is the next significant resistance area. 30 yr. Bonds…we are going to sell the Bonds “which = buying TBT” with a tight stop…at the 147.14-20 level. We want to start small with a 25% position. Euro…held macro pivots … Continue reading
Big Cap Multi-Nationals
are running the show.. IBM…needs below 191 to wash out longs JPM..42.50 for weak longs…below 41 for the longer term players CAT…88 is first support, with 91 resistance the first time up. OXY…looks descent against 75.40 DIG & XLE…the upside … Continue reading
A.M. Look 12/13/12
Gold…needs to hold right in here where we originally purchased it. Platinum…needs to maintain above 1600. We looked at platinum because it’s a risk indicator. Nasd…needs a close over 2700 for higher. It’s presently wallowing around the big mvg avg’s … Continue reading
A.M. Look 12/3/12
Equity Indices…No change from last week. We expect to see some early positive flows (buying). This means the day will be a time frame trade and we’ll remain vigilant for changes in capital flows. Copper…365-8 is the resistance area, only … Continue reading
A.M. Look 11/20/12
Oil…88.40-60 is where the acceleration took place yesterday and is now support. 90.45-85 is the next hurdle zone with Fib and mvg avg resistance. 30 yr…this is the key to today’s trade. By violating and remaining under 151, there is … Continue reading
A.M. Look 11/13/16
USD/JPY…keeps holding the 200 day mvg avg @ 79.68, App ( 125.68 Z Futures) This level should be monitored for direction on the crosses. General Comments… The board has not changed, It’s still trading Risk off. Today should continue to … Continue reading
A.M. Look 11/9/12
Yen Futures…those of you that trade the cash or futures got filled last night on your sell order. 1/2 of the recent swing is 126.75 (Z) app 78.90 USD/JPY. General Comments… Yen traders…this is not a trade we’ll leave open … Continue reading
A.M. Look 10/31/12
We know that many of our friends are without Power or internet on the East Coast, our thoughts and prayers are with you! Spu’s…1426-30 is the lowest risk sell area. As of this writing sustained action back below 1412 will … Continue reading
SPU & NASD …Pattern Alert!
Spu’s…1416.75 is the daily ORH # Nasd 100…2673.50 is the level here. The Point & Figure charts show only price action over 1412 would leave room for the possibility of this chart pattern. Price action in the last 45 minutes … Continue reading