Tag Archives: Yen
A.M. Look 9/22/15
Stocks… DAX…auto makers are causing a route in Germany causing spill on effect across the U.S. equity indices. I’m looking for a retest of the last low of 9300. NASD 100…4240 is today’s Fib support matching 4238 (unchanged on the … Continue reading
A.M. Look 9/10/15
Stocks… Spu’s…1919-22 is support and the closing downside pivot. 1968 will delineate the upper band today. Nasd 100..a close under 4240 is needed for further downside. Nikkei…futures expire. December is front month. Bonds … FX… Euro…needs a close over 112.30 … Continue reading
Midday Missive
Tom Demark was on Bloomberg and announced a sell signal for the markets. It’s a great technical area to buy some portfolio insurance again. Of course there are always a few names bucking the trend however we’re at another mid … Continue reading
A.M. Look 9/8/15
Stocks… AAPL…needs a close over 112.50 resistance for upside momentum IBB…needs a close over 352 to break out of it’s recent range. Spu’s…resistance is 1969 with small stops over 1973.50 leading to a possible bull trap @ 1979 the first … Continue reading
A.M. Look 9/1/15
Stocks… Spu’s…1967.25 is closing resistance. Nasd 100…4238 and 4389 are the resistance levels. IBB…anything into 326 is a possible hold zone. Closing below is negative the indices. Closes back over 350 are needed to form up for a bullish pattern. … Continue reading
A.M. Look 8/27/15
Stocks… Spu’s…1964.50 was Sunday’s opening range with small buy stops above. Sustaining and closing above should solidify this low. This is an exit zone the first time up for Futures traders. Bears will give it one more go @ 1978. … Continue reading
A.M. Look 8/24/15
Stocks… Nasd 100…4041.50 is where the next set of macro sell stops reside ( the semi annual ORL#). Nasd now needs to maintain above this level to stabilize. 3810 is my targeted support level without sustained early recovery over 4041. … Continue reading
Midday Missive
Googl & IBB are trying to keep the market from imploding. GOOGL… today’s hold and meltdown level is 680. IBB…today’s hold and meltdown level is 361.50. Yen…confirms a tradable low with a close above 8061 in the Futures. 124.50 USD/JPY. … Continue reading
A.M. Look 6/29/15
Stocks… Spu’s…2083-86 is resistance. 2054 is the 2014 close, last night’s low. It will take a couple of closes under the 200 DMA to see a bigger correction. SHCOMP…4099 is the monthly ORL #. 3854 (.618 ) of the yr. … Continue reading
A.M. Look 6/23/15
Stocks… Spu’s…(U) 2126 will act as resistance and the upside pivot. Dax…11,250 is the low risk buy level. This is the spot to buy the Dax with a tight stop. 11,560 is the 50 DMA. This will be pivotal all … Continue reading