Tag Archives: TM
S&P 500…Nikkei…GOOG…TM
The Equity indices have all hit there first support with Yen resistance at the same time this A.M. The Nikkei has to climb back over 14,770 tomorrow to trap short sellers and avoid an ORL week. S&P 500 Futures would … Continue reading
A.M.Look 5/21/13
AUD/USD….98.35-40 is resistance and the upside pivot. Buy stops for this swing are 98.80. Those short the Aussie should use a break above the aforementioned level as your trailing stop. GDX…28.75-29.20 is resistance. This is the field of broken dreams … Continue reading
A.M. Look 5/14/13
Nikkei…15,210 is our near term upside tgt. Two consecutive days closing over this level will lead to a test of 16,300. TM..(Toyota)…there are resting buy stops over 128.33-50. This should lead to a test of 134.30. This is a surrogate … Continue reading
Mid-Day Missive
IBM…we’re looking for a 199.25 print, which is the 200 day and a natural spot for direction to stall. 201.25 is a good place to take profits if you followed our buy strategy last week. 4/23/13 Sometimes you need to … Continue reading
CAT…GOOG…AAPL…TM
CAT…is attempting an ORH day. As long as this holds 82 on the breaks we’re looking for a test of 84.75 and then 86.30. GOOG…breaks out on the weekly charts with a close above 803. The risk on any long … Continue reading
SSO Trailing Stops…General Board
Raise your trailing stop on 25% stake in the SSO to 74.82. This is a straight stop order and you should still sell another 25% stake when the Spu’s trade 1591 +- a couple. Don’t get greedy up here! GOOG has … Continue reading
A.M. Look 4/5/13
EUR/JPY…there are resting but stops @ 126.07. 123.89 becomes the weekly hold level on any retrace. AUD/JPY…shows the same pattern with 99.44-60 being the key hold level. CAD/JPY…97.00 is resistance and the next closing hurdle for higher. GBP/JPY…do not fade … Continue reading
A.M. Look 2/15/13
EUR/JPY…is in major profit taking mode after USD/JPY printed the 94.16 tgt. 122.35 ish then 120.65 are the significant Fibs coming back on the year, with 120.65 the low risk buy zone. Yen Futures…108.60-70 is mvg avg resistance. A close … Continue reading
A.M. Look 2/12/13
USD/JPY…point & Figure shows a double top ( Bottom in Futures) @ 94.40. Our downside tgt of 106.20 futures/ 94.16 USD/JPY has been reached. 105.32 Futures is the next level of interest. EUR/AUD…as long as this remains over 130.40 this … Continue reading