Tag Archives: USD/CAD
Midday Missive
BUD…120.19 is the weekly ORH #. DIS…gains upside momentum with a close over 97.19 AMZN…remains firm above 589. CA6H…71.12 Futures is the weekly ORH #.
A.M. Look 1/22/16
Stocks… Spu’s …1992 is first resistance. 1909-13 is the exit zone for new longs. Breaks today into unchanged on the week 1877 Spu’s & 4130-40 Nasd 100 should initially be met by buyers in the U.S. session. Bonds… 30 Yr…..158.09 … Continue reading
The Late Show
Unless you own something i would not be looking to sell anything. Copper…is attempting an ORH week. As Long as (H) remains above 2.1250 the pattern is friendly. For all you energy Bulls, here is the canary in the coal … Continue reading
A.M. Look 8/12/15
Stocks… Nasd 100…4430 is the tgt for this sell off. A close below 44.20 gives way for another wave down. Spu’s…2052 is weekly mvg avg support. Closing the week below this level gives way for another 70 points of downside. … Continue reading
A.M. Look 6/3/15
Stocks… Spu’s…have to sustain over 2015 for higher. The low 2090’s is near term support the first time down.DAX…11,380 is the weekly closing hold level. Bonds … TBT…48.16 is support and the downside pivot. FX… EURO…110 will be pivotal all … Continue reading
A.M. Look 4/21/15
Stocks… DXJ…56.87 is this years high with resting buy stops above which should test 57.50-75, the 2014 high. Nasd 100…there is a potential weekly double top @ 4441, however once above do not fade. DAX… A close over 12,070 is … Continue reading
Midday Missive
MON…a close today over 124.80 puts in an ORH pattern. today’s low of 123.79 is momentum support. I have no desire to chase the Grains or the other Agri names, however this one has potential if the pattern fills out. … Continue reading
A.M. Look 2/15/15
Stocks… BDBD…Boulder brands broke out yesterday. Support is 10.74. UA…put in an ORL topping pattern yesterday. 73.65 is initial support. Whether this is just short term profit taking from a big run or something bigger,only time will tell. Bonds … … Continue reading
A.M. Look 1/20/15
Stocks… SPU’s…2028 is daily resistance and the upside momentum #. Nasd 100… 4182 is daily resistance and the upside momentum #. Bonds … 30 Yr. Futures…149.00-148.30 is pattern support and the downside momentum level. FX… GBP/USD…the pounds are set … Continue reading
A.M. Look 1/7/15
Stocks… Spu’s….need to sustain over 2010 resistance for a trad able low to be in place. Price action under yesterday’s low will lead to another leg down as seen on the point & figure. Spu/Bonds… came close to putting … Continue reading