Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Spu’s..2060 is … Continue reading
TBT broke down from 42.78 January 9th. Today’s momentum resistance and the upside closing pivot is 42.39. This is a good spot for Longs to pay for their trade and take the bulk of their money!
SELL SSO @ the Market! SELL TBT @ the Market! Closing Trade!! I thought this could go…No Love.. The energy sector is going to be too much of a drag today.
BUY SSO @ the Market! BUY TBT @ the Market! I’m putting on the spread by buying equal amounts of both. Futures traders…This is Long SPU/ Short 30 Yr Bonds
Stocks… Spu’s…2041 is 50 DMA resistance and the upside pivot today. 2029 is support. NASD 100…4228 is 50 DMA resistance and the upside pivot today. 4184 is support. SLB…83.80 is support and the low risk buy zone. GOOGL…553 is resistance … Continue reading
Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nasd 100…keeps putting in higher daily lows, a bullish formation.Only a close under 4142 could change the short term sentiment, although I doubt … Continue reading
Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nikkei…needs to hold above 16,700 to not go into profit taking mode. Profit taking mode would give a bid to the Yen. DAX…91.83 … Continue reading
Stocks… Spu’s… could go as low as 2009-12 without doing any pattern damage on a disappointing payrolls #. DAX…9310 is today’s 50 DMA XLY…Consumer Discretionary will get up and go over 68.10. Both XLE & DIG look good to me … Continue reading
140.25 is today’s ORL # for the 30 yr. Futures. Sustained price action under 140.25 targets 140.02 next. TBT…should test just shy of 55, today’s 50 DMA.
Stocks… NASD 100…there is room up to 3850 to rally as long as it holds a retest back to the 200 DMA @ 3770. Sell stops are building below 3742. Spu’s…resistance 1891, 1904,1917. These were the support levels … Continue reading