Tag Archives: usd/jpy
A.M. Look 8/29/14
Stocks… SMH…put in an ORH day. Look for some upside follow through. A close today over 51.17 will put in an ORH Month WDAY…looks like it’s going to try to put in an ORL week, however 85.20-84.77 is major support … Continue reading
A.M. Look 8/28/14
Stocks… Spu’s and Nasd 100 are overbought. The patterns are sideways to lower for a bit to relieve the RSI’s. Be patient today into tomorrow to see if investors want to cash out after this big run up into the … Continue reading
A.M. Look 8/27/14
Stocks… Targets remain the same. DAX…94.77-95.15 is weekly resistance and the closing upside pivot. Now that we’ve broken above this zone I’m looking to buy a 100 point pull back HEDJ…56.60 is the buy zone for this ETF. Buy breaks … Continue reading
A.M. Look 8/22/14
Stocks… Spu’s….2000 is a natural big level # where it would be imprudent to over trade. It is more a psychological level than a technical boundary. Depending upon where you like to take your swing counts from the 2020’s is … Continue reading
Midday Missive…W/ Yen trade Alert
SELL Yen @ 97.64… “BUY USD/JPY @ 102.45” Good for today.This is an off the market low risk order with about 25-30 ticks of risk. You just never know how the Bots will interpret the minutes so I’m placing the … Continue reading
A.M. Look 8/20/14
Stocks… VIX…12.66 is the 50 DMA resistance and the short term upside pivot. 13.62 is the 200 DMA. Nasd 100…4080 is the first exit level for this swing. 4160 matching the 2000 semi annual high is the second tgt. … Continue reading
A.M. Look 8/7/14
Stocks… Spu’s…closing back above 1940 will put the Bulls firmly back in control. 1875 is my buy zone. This is the spot I’m buying the Index to see how big of a bounce I can get. Nasd 100…3850 will be … Continue reading
A.M. Look 7/31/14
Stocks… GPRO,TSLA,EXPELNKD,TMC,XOM & COP will report earnings today. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for confirmation of a high. Bonds have to keep rejecting this level on rallies which is the weekly ORL #. … Continue reading
30 Yr. Bonds & USD/JPY
I’ve attached the 30 yr. Bond chart so you can get a sense of the pattern and the important levels. 140.15 has been the tgt zone for months. For the Bonds to top I would expect to see a spike … Continue reading
A.M. Look 7/15/14
Stocks… IWM…113.22 is support and the low risk buy zone this week. Closes over 117.50 is needed to signal a new push higher. Bonds 30 yr. Bonds…136.17 is first support @ the 50 DMA TLT…112.95 is near term support. FX… … Continue reading