Tag Archives: usd/jpy

A.M. Look 11/10/14

Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nikkei…needs to hold above 16,700 to not go into profit taking mode. Profit taking mode would give a bid to the Yen. DAX…91.83 … Continue reading

A.M. Look 11/3/14

Stocks… Nasd 100…you want to buy this Index between 4100-20 with a tight stop. SPU’s…put in an ORH day yesterday. Closes over 2022 start another measured 100 point swing up. Nikkei…could retrace to 16,450 and still keep the monthly ORH … Continue reading

A.M. Look 10/31/14

Stocks… Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. SPU’s…put in an ORH day yesterday. Closes over 2022 start another … Continue reading

A.M. Look 10/30/14

Stocks… Spu’s…price action under 1960 support is needed to unnerve the Bulls. Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. … Continue reading

A.M. Look 10/29/14

Stocks… DAX…A close above 9110 should be treated as an upside break out. XLE…looks positive. DIG…has been lagging XLE. Sustained price action and a close over 65.00 is an upside breakout. Look to play these ETF’s form the long side … Continue reading

A.M. Look 10/28/14

Stocks… Spu’s & Nasd are both higher on the month. if they maintain higher after tomorrow’s Fed Minutes release, look for this to continue into Friday’s close. Bonds … 30 Yr. Futures…need back under 141.12 close to head lower. Price … Continue reading

A.M. Lok 10/27/14

Stocks… MVV…66.25 is 200 DMA resistance. This will take under 64 to see any real selling. 61.25 is the low risk buy zone, where new longs will puke. DAX…89.00 is mvg avg support. This will be a pivotal level. DAX … Continue reading

Yen…Order Update!

Cancel this working order! Today’s Working Orders…Sell 2 Yen Futures (JY6Z) @ 92.85! We didn’t get this one on our terms. I’ll wait this out into Sunday.

Yen…Trade Alert!

Sell 2 Yen Futures (JY6Z) @ 92.85! I didn’t sell them early at the market. Maybe we’ll get lucky later in the day. It will take equity weakness to precipitate any rally in the Yen. I’m looking for 110 (90.90 … Continue reading

Currrencies

AUD/JPY…94.85 is today’s momentum level just above the 200 DMA @ 94.63. All new price action is needed above this level for follow through in the cross. This seems to be matching up with 1941 in the Spu’s. EURO…weekly breakdown … Continue reading