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
The Yellen comments were Dollar positive over the medium term. The Dollar is short term overbought. Be patient to not press weakness X…U.S. Steel starts gaining upside momentum over 37.50-60. TSLA…remains defensive by sustained price action under 254.58. Social Media … Continue reading
Stocks… Nasd 100…3584 is support and the short term downside pivot. Buy stops are over 3630-35. KBE…needs all new closing strength over 32.45 for another run to retest the ORL reversal # of 33. KRU…the regional banks need to hold … Continue reading
Stocks.. RIO…Rio Tinto is bottoming on a monthly chart. We’ll buy this on a break @ 44.60-70 given the opportunity before month end. PAAS…the chart pattern looks good as long as there is no close below 12.40 SLW…23.40 is the … Continue reading
EWZ & X are trading at their first Tgt’s. Pay for your trades and lighten up.
A close today over 22.38 puts in an ORH day
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
EWZ…55.90-56.09 is first resistance with stops above. 56.80 is first yearly fib resistance. Closing above will tgt 58. XCO…we’re looking to take some money off the table over $8. 8.25-30 is a good spot to sell 70% of your position. … Continue reading