Tag Archives: Yen
A.M. Look 6/10/15
Stocks… Nasd 100… today’s short term hold level is 4441. First resistance is 4467. Spu’s…2095-97 is resistance. FTSE…6722 is the 200 DMA support which held yesterday and last night. any new longs should be managed against this level. Bonds … Continue reading
Midday Missive
USD/JPY…macro stops are being elected with a potential ORL in play. 80.74 in JYAM is the level to watch. AUD/USD…77.65 is resistance and the upside momentum # Spu’s have held the 50 DMA on today’s low. FCX & BHP are … Continue reading
A.M. Look 5/28/15
Stocks… DAX…11,860 is resistance and the upside pivot. SHCOMP…put in an ORL last night down 6.5%. This is a big topping pattern right into 4617 first support. Bonds … 10 Yr. Bonds…127.10 is the 200 DMA. This is support and … Continue reading
A.M. Look 5/27/15
Stocks… Equity Indices did not get quite low enough yesterday. TSLA…247.45 is support and the downside momentum #. Closer to 230 would be a better place to initiate a new long. ACT…show me something under 297, the 50 DMA, to … Continue reading
A.M. Look 5/26/15
Stocks… Equity Indices are tired and in need of a break. Individual names will continue to out preform. Spu’s…resting near term sell stops remain below 2112. GS…215 is where the qtrly congestion lies. This is a name for your buy … Continue reading
Midday Missive
Follow the Bonds. Yields up (futures down)= weak Gold & strong dollar. Yen is attempting a downside break out months in the making
A.M. Look 4/29/15
Stocks… Every instrument is an Island unto itself. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is needed to confirm lower. 159.85 is resistance,yesterday’s breakdown level. 30 Yr. …is getting oversold. We’re getting … Continue reading
The Late Show
AUD/NZD…looks to have bottomed and is putting in an ORH week. USD/JPY…is trading at the low end of the range for the past couple of months, right where it went out last week. This can take until after the Wed … Continue reading
A.M. Look 4/24/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. ACT…is gaining upside momentum. Keep this teed up for an opening range trade today. You’re looking for an upside move. … Continue reading
A.M. look 4/23/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is needed to confirm lower. … Continue reading