Tag Archives: usd/jpy
A.M. Look 5/13/14
Stocks… IWM…114.40 resistance. A couple of closes over this level is needed for a test of the yearly highs. Nasd 100…longer term point & figure charts show that some work is needed to get through 3625-35.In fact this is where … Continue reading
A.M. Look 5/5/14
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. DAX…put in a ORL day Friday and is following through to the downside. 9426 is mvg avg support. This is just one more tired Index that keeps failing at … Continue reading
A.M. Look 4/29/14
Stocks… Spu’s… price action over 1870 and closing over 1874 will run out the short sellers. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 133.24 is first support. A close below 133.15 … Continue reading
A.M. Look 4/10/14
Stocks… DAX…9600 is resistance. the sell stops are @ 9498 today’s ORL#. Then look for a test of 9440. Nasd 100…back under 3576 will propel the Bonds even higher. IWM…under 113.50 would precipitate downside momentum. Bonds 30 Yr. … we … Continue reading
A.M. Look 4/9/14
Be it known to all brokers and investors: There can be different symbols for Futures! Please check with your quote vendor, or (Broker IB . I.E. 30 Yr. U.S. Treasury Bond Futures.. USM is the Pit future symbol USAM is … Continue reading
Yen Trade Alert!
SELL 2 Yen Futures @ the market. It’s currently trading 98.36 This is 1/2 normal position. Use an all session stop @ 98.55 GTC..Good Until Canceled. This is not for ETF traders. For this trade to work the Nikkei has … Continue reading
A.M. Look 4/4/14
Stocks… Spu’s…could trade into the mid to high 1890’s. A break into the low 1860’s will be met by willing buyers. Closing under 1874 should be considered short term negative. Nasd 100…support starts @ 3602. Closing below 3582 would have … Continue reading
A.M. Look 4/2/14
Stocks… Spu’s…could trade into the mid to high 1890’s IYT…the long term buy stops are over 136.95. The market should pause @ 137.30-40, however holding above 137 generates much higher targets. NFLX…could easily rally back to 390. XLE…is in rally … Continue reading
A.M. Look 3/31/14
General Comments orValuable Insight There is nothing new to report or do. The Spu’s are up 10 points on the year with the Nasd down 17 points. The Yen is following today’s weakness in the bonds with the Yen crosses … Continue reading
A.M. Look 3/27/14
Stocks… VIX…needs above 15.15 to rally to 15.84. The weekly buy stops are at 16.40 with 16.64 being weekly closing resistance. Nasd 100…3545-50 is today’s support and the next inflection level. The weekly breakdown level is 3576. Closing below here … Continue reading