Tag Archives: Yen
YEN…Trade Alert!
BUY 40 FXY 3/20/15 80 Puts @ .40 cents…This is Mid market. Futures traders…sell any wiggle back up to 82.66 SELL 4 JYAH @ 82.63 This is a trade with “Risk On bias”. Nikkei did not sell off with the … Continue reading
A.M. Look 2/18/15
Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Spu’s..2060 is … Continue reading
Midday Missive
OIL…is not helping the Indices. This could easily trade down to $49.00 by remaining under 52.25. FYI…This will be Yen & Bond positive …Equity Index negative.
A.M. Look 2/10/15
Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. Nasd 100…the mid to high 4260’s will remain macro resistance and the closing upside pivot. DAX…10,590 is mvg avg support and … Continue reading
Midday Missive
The highs in both the Nasdaq 100 & Spu’s need to see price action above after NYSE opens to avoid a sell off to unchanged or lower. Time Frame Trading. FX… from 2/5/15 EURO…114.85 is resistance. 113.00 is support. Today … Continue reading
A.M. look 1/28/15
Stocks… UTX…had an impressive rally off yesterday’s low. Look for this to remain firm into month end. EXAS…as long as this is above 26.44 it has much higher targets, into the mid 30’s. REGN…408 is support and the downside momentum … Continue reading
A.M. Look 1/23/15
Stocks… SPU’s…need a close above 2065 to start another leg higher. 2035 is pattern support. The point & figure shows congestion between 2061-2072. Let the market work through this level. It’s not a great spot to initiate new longs. Nasd … Continue reading
A.M. Look 1/22/15
Stocks… MBLY…put in an ORH day. Sustained price action and a close over 40.20 confirms the low. UAL & ALK have the same chart patterns. Both look to go higher into earnings early today, however I think a gap up … Continue reading
A.M. Look 1/21/15
Stocks… SPU’s…2028 is daily resistance and the upside momentum #. Nasd 100… 4182 is daily resistance and the upside momentum #. SNDK…reports today.. There are weekly options available that expire Friday. This stock is oversold so an outright call or … Continue reading
A.M. Look 1/20/15
Stocks… SPU’s…2028 is daily resistance and the upside momentum #. Nasd 100… 4182 is daily resistance and the upside momentum #. Bonds … 30 Yr. Futures…149.00-148.30 is pattern support and the downside momentum level. FX… GBP/USD…the pounds are set … Continue reading