Tag Archives: U.S. Dollar
Midday Missive
This day is not remotely over. The Spu’s will need help form the Oil which needs to get over 32 and stay over 32 for the Spu’s to stay in rally mode this afternoon. The Dollar has come too far … Continue reading
Weekly Volatility Buy Signals
Spu’s Nasd 100 Nikkei Midcap GOOGL AMZN Crude USO Nikkei Recap: we held a mid week low, with trend turning up into mid week next. We had a B.S. break into Mid Day to get long the Equity Indices against … Continue reading
Midday Missive
Dollar is bid against the Commodity Currencies and the Suisse. Of course I sold the Euro which is the wrong one to be short on all the crosses today. This should continue right into London’s close. Gold…rallies keep failing for … Continue reading
A.M. Look 9/11/15
Stocks… Spu’s…1919-22 is support and the closing downside pivot. 1968 will delineate the upper band today. Nasd 100..a close under 4240 is needed for further downside. A close over 4315 is needed to think the downdrafts are at an end. … Continue reading
A.M. Look 8/26/15
Stocks… Spu’s…1950 will act as resistance. Bonds … Bunds…154.58 is today’s resistance area 30 yr. Bonds…weaken under 157.22 close FX… The dollar is reacting to the Spu’s. You can’t buy strength or sell weakness. Commodities… OIL… 39.80 … Continue reading
A.M. Look 7/30/15
Stocks… Nasd 100…4591 is resistance. Spu’s…2095 is the 50 DMA. This is now support. The long term P&F shows resistance back @ 2119-20, however you need to see all new strength over 2104 to get going. DIG…the energy ETF’s trade … Continue reading
30 Yr. Bond Futures
147.29 is the monthly mvg avg hold #. Price action and a close below opens up the door to another 5 Bond points. The 30 Yr. yield chart has further to go. The dollar will remain bid with a rising … Continue reading
Yen…Trade Alert!
Protective Buy Stop. This is a Closing Trade. BUY JYAH @ 84.52 Stop GTC The Dollar is losing it’s upside momentum against a lot of Currencies. The Mexican peso is a good example. The Peso chart pattern is indicative of … Continue reading
A.M. look 1/2/15
Stocks… Spu’s…2054 is the pivot. Below… It can revisit 2022/ Above… Spu’s need a close back over 2067 resistance. IBB…299 is 50 DMA support, a must hold level. Price action back over 306 puts the Bulls back in charge. … Continue reading
Metals
Gold …1240 the level that won’t go away (The last qtrly ORL#), followed by 1265-70. SILVER…17.40-80 is resistance and the exit for Longs. Time frame trading the rest of the day. Expect the Dollar rout to abate after London’s close.