Tag Archives: usd/jpy
A.M. Look 12/8/14
Stocks… Spu’s…2058 is this week’s support Bonds … Bund & Italian Bond Futures expire today. FX… EUR/JPY…148.23 is today’s ORL #. Sustained price action under 148.00 is needed for further profit taking. USD/JPY…119.69 is today’s ORL #. Sustained price action … Continue reading
A.M. Look 12/5/14
Stocks… Spu’s…2060.75 is the must hold level. 2060.75 is the level to key off of. This is the weekly ORL#. This will act as support and the closing downside pivot with resting sell stops below. Price action below here will … Continue reading
A.M. Look 12/4/14
Stocks… Spu’s…the initial swing count is still 2120 which was generated from the 1813 Oct. Low DAX…10,000-10,050 is the resistance zone and the closing upside pivot. ASX 200…5380 is resistance and the upside closing momentum level, with 5418 being … Continue reading
A.M. Look 11/24/14
Stocks… DAX…9860-10,050 is an important resistance zone. Bears will try to sell into this level looking for a market correction. I doubt the bears get much. For Bulls, they have to be patient. The market has to work through this … Continue reading
A.M. Look 11/21/14
Stocks… DIG…is breaking out to the upside on a weekly chart. As long as this is above 65.50 and closes today over this level I’m bullish, looking for an initial move to 69. MIDCAP…is attempting an ORH week with a … Continue reading
A.M. Look 11/17/14
Stocks… Nikkei…Japan is putting an ORL day with a close below 17,335. 17,175 is first support and the downside momentum level. ASX 200…5431 is today’s ORL # as well as the 200 DMA. Spu’s…2020-22 is support and the closing downside … Continue reading
A.M. Look 11/13/14
Stocks… Nasd 100…I’m looking for an eventual 4400. Spu’s..2060 is the next level technicians are targeting. Bonds … 30 Yr. Futures… 142.10 is weekly resistance and the closing upside pivot. FX… AUD/USD… 87.35-50 is closing resistance that has to be … Continue reading
GBP/JPY
GBP/JPY…today’s ORL # is 181.70 with stops below. This pattern would have to unfold, and follow thru, for a Risk Off board. A follow through of this pattern is needed to rally the Yen to our low risk sell zone … Continue reading
A.M. Look 11/12/14
Stocks… Welcome to the mid-week shuffle. There is no change to the technical levels in the major indices. Many individual instruments are trading overbought. Nasd 100…4138 is the first support. Spu’s…2013-14 is descent support today. You still need a close … Continue reading
A.M. Look 11/11/14
Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nasd 100…keeps putting in higher daily lows, a bullish formation.Only a close under 4142 could change the short term sentiment, although I doubt … Continue reading