Tag Archives: XLU
A.M. Look 7/2/13
Stocks.. VNM…needs to maintain above 18.90 and close over 19.15 for higher. FXI…needs a close over 32.90 for bottoming action. EWZ…needs a close over 44.50 for bottoming action. EPI…could get as high as 16.95 Nikkei..14,150 is weekly resistance. 13,900 is … Continue reading
S&P 500 & Nasd 100 Futures + Trailing Stops
Nasd 100 …2980 is the ORL # today Spu‘s…we would need a close under 1647 for this to be considered as a short term trend change. QQQ…shows a potential double top @ 73.74, however you’d need to see price action … Continue reading
XLU & XLP Follow Up
XLU…Utilities 40.45 is daily resistance and a good place to take some partial profits and pay for the trade. Closing above 40.70 will lead to a test of the highs. XLP…the trailing stop on this is now a 41 stop … Continue reading
Value Trade
XLU…utilities have sold off and have a reasonable risk reward profile with a stop @ today’s low. XLP… shows the same profile. You can buy with a stop @ today’s low.
A.M. Look 4/4/13
Spu’s.. call me a reluctant Bear, we have to go 1544 sellers to break. 30 yr Bond…P&F resistance started at 145.22 yesterday which gave us initial price rejection, however we’re only concerned with the bigger macro areas which we laid … Continue reading
A.M. Look 3/5/13
Spu/Bond…is trading once gain at a key mvg avg that broke the Spu’s 40 points the last time it failed at the avg..It’s not an inconsequential level. One again it will act as a big mkt pivot. 30 yr. Bonds…point … Continue reading