Tag Archives: USD/CAD
Midday Missive w/ Follow Up orders
CAD/JPY….96.23 is where the resting buy stops are. This is the monthly ORH #. Canada has hit major resistance @ 92.43 Futures App 108 USD/CAD Both got close to these levels when Britain’s P.M. ( David Cameron) was discussing the … Continue reading
A.M. Look 4/10/14
Stocks… DAX…9600 is resistance. the sell stops are @ 9498 today’s ORL#. Then look for a test of 9440. Nasd 100…back under 3576 will propel the Bonds even higher. IWM…under 113.50 would precipitate downside momentum. Bonds 30 Yr. … we … Continue reading
A.M. Look 4/6/14
Stocks… VIX…14.40-50 is first resistance and the 200 day mvg avg. 15.50 is an exit zone for the bulk of any long volatility positions. 13.35 is today’s support # that has to hold and line up with any rally in … Continue reading
A.M. Look 3/27/14
Stocks… VIX…needs above 15.15 to rally to 15.84. The weekly buy stops are at 16.40 with 16.64 being weekly closing resistance. Nasd 100…3545-50 is today’s support and the next inflection level. The weekly breakdown level is 3576. Closing below here … Continue reading
A.M. Look 3/3/14
Stocks… Nasd 100…look for a test of 3635. Spu’s… staying under 1844-45 is price negative. 1815-18 is the first good buy zone. NFLX…put in an ORL day. 440, 432 are possible bounce levels. PCLN…put in an ORL day. This has … Continue reading
A.M. Look 1/23/14
Stocks… DPM…Midstream Partners has some upside potential as long as it holds today above 49.30-40 the 200 day mvg avg. Spu’s…the all session chart shows a possible ORL patten with a close below 1833. Spu’s would need to sustain under … Continue reading
Midday Missive…W/ Order Updates
Thanksgiving Thursday into Friday can provide for some nasty low volume reversals, however as stated yesterday, I think these will be muted this year due to the late holiday into month end. Markets typically go in the direction they are … Continue reading
A.M. Look 11/6/13
Stocks.. BRKA…171,475 is Berkshire A will be a bellwether tell for the broader market. Price action below could easily have this slide to 169,500. The must buy # the first time down is 165,350. While I doubt we’ll see that … Continue reading
Midday Missive
USD/CAD…is retesting it’s chart break out from Oct 24th. Canada is a low risk sale with a manageable exit. USD/CAD would need a close under 103.75 (over app 96.36 Futures) to negate the sell pattern. As long as the Canadian … Continue reading