Tag Archives: usd/jpy
Levels …Turkish Lira
DAX…a close today under 9354 would leave way to another bout of selling. EUR/JPY…140.13 is today’s ORL #. Monthly sell stops are @ 138.40. GBP/JPY…169.81 is the 50 day mvg avg. A close below this level would put in an … Continue reading
Midday Missive
USD/JPY…is attempting an ORL day by closing under 103.97. (over 96.21 Futures). This pattern is the same pattern as the Spu’s. Spu’s down = Yen rally. EUR/USD…is putting in an ORH day with a close over 135.84 . It’s currently … Continue reading
A.M. Look 1/29/14
Stocks… Spu’s…I’m looking to buy around 1730 with a very tight stop. Presently, the Spu’s are holding point & figure support @ 1770. Last night’s early Asian high (1800) is my qtrly pivot for the S&P 500 Futures this qtr. … Continue reading
A.M. Look 1/28/14
Stocks… Spu’s…I’m looking to buy around 1730 with a very tight stop. Presently, the Spu’s are holding point & figure support @ 1770. Yesterdays low was a normal standard deviation move for the Spu’s of 80 points. I’d like to … Continue reading
A.M. Look 1/27/14
Stocks… Spu’s…1800 is the qtrly pivot. Short term traders should be using this level for market tone. This is where you look for market follow through to the upside. A lot of technicians were eyeballing the low 1770’s as support. … Continue reading
TBT…Trade Alert! with general Notes
I’m looking for a 132.30 print in the USAH At this point I’d look for it at the Chicago pit close @ 2 P.M. CDT or an hour later at the NYSE close. Qtrly sell stops in the TBT are … Continue reading
A.M. Look 1/21/14
Stocks… Spu’s…the long term point & figure shows we still need to sustain higher on the year for new upside tgt’s. EWP…39.76 is support and the downside pivot. BRKA…17,100 is the 200 day mvg avg and support. Nikkei…put in … Continue reading
A.M. Look 1/9/14
Stocks… Spu’s…closing 2 days higher on the year should set up another 40 point move to the upside. Bonds… Bunds…140.05 is resistance and the upside closing pivot. FX… USD/JPY…is currently caught in the middle. price action under 104.50 … Continue reading
A.M. Look 1/8/14
Stocks… TRIP…TripAdvisoris attempting in an ORH week with a close over 82.90. The first tgt. is 90.50, last years high. 83.85 is a low risk buy. PG…Proctor & Gamble might not be a momo stock but it doesn’t look … Continue reading