Stocks… Spu’s…an early break into the mid to low 2060’s should be bought with a tight stop. Nasd 100…an early break into the low 4260’s should be bought with a tight stop. IWM… A close today over 120.97 puts … Continue reading
SELL 4 JYAH (March All Session Yen Futures) @ 84.27! This is an opening trade. Thought process. I’m looking for a place to sell the Yen again. I can manage the trade around 118.60 USD/JPY or 84.30 ish in the … Continue reading
Stocks… IWM…an ORH month seems a lock. A close tomorrow over 120.97 puts in an ORH qtr. to fill out the pattern. KBE…put in an ORH day. 33.95 is the Monthly ORH #. 34 is the qtrly ORH #. … Continue reading
Stocks… Spu’s…as long as 2060 holds on breaks downside is limited. Nasd 100…4258 is support and the downside pivot. Bonds … 30 yr. Bonds.. 142.27 is support FX… EURO….123.75 is the low risk sell zone. AUD/USD…81.65 is … Continue reading
Stocks… Spu’s…(DEC) the Mid 1990’s, which will be a retest of the 50 DMA and Gap we took off from in Oct. is the support level we bounced from last night. 2022 will remain a key pivotal level for the … Continue reading
Stocks… Spu’s…need to close back over 2064 resistance to entice me back in. IWM…needs back over 116.80 close to negate yesterday’s ORL pattern. 114.25 is support @ the 200 DMA. Ford…closing today below 15.40, 50 DMA, will have me exit … Continue reading
Stocks… Spu’s…2058 is this week’s support Bonds … Bund & Italian Bond Futures expire today. FX… EUR/JPY…148.23 is today’s ORL #. Sustained price action under 148.00 is needed for further profit taking. USD/JPY…119.69 is today’s ORL #. Sustained price action … Continue reading
Stocks… Spu’s…2060.75 is the must hold level. 2060.75 is the level to key off of. This is the weekly ORL#. This will act as support and the closing downside pivot with resting sell stops below. Price action below here will … Continue reading
Stocks… Spu’s…the initial swing count is still 2120 which was generated from the 1813 Oct. Low DAX…10,000-10,050 is the resistance zone and the closing upside pivot. ASX 200…5380 is resistance and the upside closing momentum level, with 5418 being … Continue reading
Stocks… DAX…9860-10,050 is an important resistance zone. Bears will try to sell into this level looking for a market correction. I doubt the bears get much. For Bulls, they have to be patient. The market has to work through this … Continue reading