Tag Archives: VIX
Midday Missive
Spu’s…1688.20 is first support. Closing under 1682.50 would have us looking for a much deeper correction. VIX…14.50 is first resistance. NFLX…a close under 305.52 ( daily ORL#) would have us thinking this is the high for a while.
A.M. Look 9/17/13
Stocks.. VIX…sustained price action over 14.55 will put pressure on the indices. FX… USD/JPY…98.75 will be pivotal going forward (101.25 Dec. Futures) GBP/USD…needs to maintain above 159.60 for more upside. AUD/USD…92.75-85 is support. 94.20 is resistance. Commodities… Gold, Silver & … Continue reading
AUD/USD….Trade Alert! …Position update AAPL.
Sell the AUD/USD @ 94.20. ( 93.72 Dec. Futures). We’ll be using a 25 point stop. We’re looking for an initial 60-70 point break off the level. That would likely see EUR/AUD testing the 142.15 area. This is where the … Continue reading
Midday Missive
Back and forth we go in the Equity Indices. I view this a technical range trade. The Spu’s need to elect the 1625 sell stops to entice new sellers. We’ve seen another failure to rally anywhere in the broader indices … Continue reading
VIX…Pattern Alert!
Vix cash is attempting an ORH month with a close over 17.32. Fulfilling this pattern would lead one to believe that there is more “Risk Off” in store. This bears watching as sustaining above this level shows room for a … Continue reading
A.M. Look 8/28/13
Stocks.. GS…149.28-148.71 are where the macro sell stops lie with 147 being the 200 day which should bounce on an overrun the first time down. GOOG…847-844 is weekly and monthly support and the macro downside closing pivot. Look for a … Continue reading
Spu/Bonds & Vix
You’ve got a potential double top in the Vix @ 16.55 after pattern follow through from yesterday’s ORH to the upside today.. Spu/Bonds @ the 50 day will be very pivotal. Price action here can prove violent. It’s a tough … Continue reading
A.M. Look 8/27/13
Stocks.. Nasd 100…3085 needs to hold on a closing basis. JJG…49.90 is resistance with all new closing strength needed over 50.20 for more up. Bonds… 30 yr.…132.25 is resistance and should reject the first time up. 133.25-30 is the lowest … Continue reading
A.M. Look 8/22/13
Stocks.. Spu’s…1629-30 is short swing Fib support. Closing under this level will lead to a new dynamic, which we’ll address if we see price action under this level. Sustaining and closing over 1644 would confirm a temporary low, something we’ve … Continue reading
Midday Missive
Today being a Full Moon event day, the markets are not going to stay here. I don’t have a strong conviction either way at this point. Here are a couple of clues for those of you who are day trading … Continue reading