Tag Archives: usd/jpy
A.M. Look 5/27/15
Stocks… Equity Indices did not get quite low enough yesterday. TSLA…247.45 is support and the downside momentum #. Closer to 230 would be a better place to initiate a new long. ACT…show me something under 297, the 50 DMA, to … Continue reading
A.M. Look 5/26/15
Stocks… Equity Indices are tired and in need of a break. Individual names will continue to out preform. Spu’s…resting near term sell stops remain below 2112. GS…215 is where the qtrly congestion lies. This is a name for your buy … Continue reading
Hack…ACT… AAPL…Trade Alert!
BUY HACK AAPL & ACT This will be a 10% Portfolio weighting per instrument.
Midday Missive
Follow the Bonds. Yields up (futures down)= weak Gold & strong dollar. Yen is attempting a downside break out months in the making
A.M. Look 4/29/15
Stocks… Every instrument is an Island unto itself. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is needed to confirm lower. 159.85 is resistance,yesterday’s breakdown level. 30 Yr. …is getting oversold. We’re getting … Continue reading
The Late Show
AUD/NZD…looks to have bottomed and is putting in an ORH week. USD/JPY…is trading at the low end of the range for the past couple of months, right where it went out last week. This can take until after the Wed … Continue reading
A.M. look 4/23/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is needed to confirm lower. … Continue reading
Yen…Trade Alert!
Sell 4 JYAM5 @ the Market I’m leading off on this trade since it hasn’t quite broke out on my momentum indicators. Currency traders should play Follow the Bonds. SPU/Bond is putting in a bottoming pattern and I’ll sell a … Continue reading
A.M. Look 4/20/15
Stocks… Spu’s…A close below 2060 is needed for downside. Sustained price action and a close is needed over 2095 for higher. VIX…13.35 is support. Closing below this level is needed for more upside in the Indices. DAX…held the 50 DMA … Continue reading
Yen Trade Alert!
SELL 2 JYAM @ 4 P.M. EST The Equity Indices are trying to save themselves on the longer term technical model. Yen should be up big if market participants believed in a bigger correction​. Leave the resting stop in the … Continue reading