Tag Archives: usd/jpy
A.M. Look 10/23/14
Stocks… Spu’s…as seen on the point & figure, after 5 days of a relentless 100 point rally with no consolidation, we finally got some back and fill yesterday. Now we have a range to judge the next move. Sustained price … Continue reading
A.M. Look 10/22/14
Stocks… Equity Indices have exceeded all my # sets for this rally. They’ve all come too far not to have some profit taking or back and fill. SHCOMP…is attempting an ORL day, however it’s sitting right on 200 WMA support … Continue reading
A.M. Look 10/21/14
Stocks… Spu’s…1904 the 200DMA was good for a 20 point move off the China PMI data last night. I’m looking for the Indices to rally into tomorrow. Technicians are watching the downtrend line that comes in @ app 1930 to … Continue reading
A.M. Look 10/20/14
Stocks… NASD 100…there is room up to 3850 to rally as long as it holds a retest back to the 200 DMA @ 3770. Sell stops are building below 3742. Spu’s…resistance 1891, 1904,1917. These were the support levels … Continue reading
Yen Trade Alert! Closing Trade!
BUY 4 JYAZ @ the market! I’d rather lose a few ticks in this than have a long equity position.
Yen Trade Alert!
Sell 4 JYAZ4 @ the market! I’m trying a Yen short here with a very tight stop for a nibbler at a Risk on bias. There is not a good stop to use in the Equity indices, however there is … Continue reading
A.M. Look 10/13/14
Stocks… Spu’s….1903 is the 200 DMA, this will be pivotal all week. 1876 is daily support. 1921 is daily resistance. SSO…109.40 is the 200 DMA (Support) Bonds … 30 Yr. Bonds…142.15, then just shy of 144 is possible TLT…120.60-70 … Continue reading
Midday Missive
USD/JPY…107.15 (app 93.35 Futures) is Yen resistance and the closing upside pivot. This is the spot to sell the Yen with a very tight stop of app 25-30 pips. You should see price rejection here the first time up. How … Continue reading
A.M. Look 10/7/14
Stocks… SPU’s … the point & figure pattern shows a move back to 1928 is possible. Sustained price action above the high 60’s is needed to turn the pattern Bullish. IYT…closing below 148.25 would target 141 a test of the … Continue reading
A.M. Look 10/6/14
Stocks… SPU’s …need sustained price action back under 1954 to weaken. 1972 is today’s resistance and closing upside pivot. GOOGL…needs sustained price action and a close over 591 to held propel the indices higher.VIX…13.55 is support where the 50 & … Continue reading