Tag Archives: usd/jpy
A.M. Look 9/13/12
Euro…129.95 + a few…131.46-50 GBP…162.37 is the April/May close we broke from. EUR/CHF…which has looked like a heart monitor on a corpse for the past 8 months, is attempting an ORH month with a close over 120.92. Last week was … Continue reading
A.M. Look 9/11/12
Natgas…put in an ORH day yesterday. The Daily Pit chart shows 2.90 as a big mvg avg cross. Sustaining and closing above this level will lead to higher prices. AUD/USD…is caught between 103.25 and 104.15-25. AUD/JPY…80.69-62 is an important hold … Continue reading
A.M. Look 9/10/12
Silver…33.30 was last qtr’s high, by remaining over ( or holding the breaks to 33.30) keeps Silver from having a deeper re-trace. This will be a descent short term pivot. Gold…just an observation about the RSI’s on a Qtrly chart. … Continue reading
A.M. Look 9/5/12
USD/CAD…98.41 represents a double bottom on the Dollar chart. The corresponding futures level is 101.56, with 101.68 being the April high. This is the area that has to sustain above to rally. OIL…came down into initial support last night. Recovery … Continue reading
SOX_-_PHLX_Semiconductor_Sector_Daily.gif
Sox is breaking below the 200 day.. 2753 is the 18 day in the Nasd futures.. The first minor fibs come in app 2726
A.M. Look 8/29/11
General Comments…. There is nothing new to speak off this a.m. All eyes are focused on Friday. Model Trading Portfolio …………….. Stop Close Profit Points Long XCO 6.80 8.40/9.00 / 11 Long Gold Long GLD Long EUO/Short … Continue reading
A.M. Look 8/24/12
Ground control to Major Tom? THANK YOU COMCAST General Comments… This will be a robot driven market the rest of the day. The metals will take over the weekend to play out. ( Do we go parabolic or roll back … Continue reading
A.M. Look 8/23/12
Silver…it’s sitting on it’s second tgt and the 200 day. AGQ…49.40 is the 200 day and first yearly Fib resistance 30 yr. Bonds…148.16-149.07 is the level we’ve been eying for a week to sell the 30. This level matches Fib … Continue reading
A.M. Look 8/22/12
Silver…29.86…30.40 Gold… 1645… 1661 ish is a weekly level. Platinum…1530 -5 is a weekly level…..1582 GBP/USD…the Sterling is trying to get some footing with one of the better looking weekly charts. A weekly close over 158.52 is needed to confirm … Continue reading
A.M. Look 8/17/12
Nasd 100…today I included this chart to show that we’re coming up to a “go or no go level” here as well. 2788-92 was the monthly double top we broke from. 2840 is the 50% re-trace of the life of … Continue reading