Tag Archives: Yen
A.M. Look 11/21/14
Stocks… DIG…is breaking out to the upside on a weekly chart. As long as this is above 65.50 and closes today over this level I’m bullish, looking for an initial move to 69. MIDCAP…is attempting an ORH week with a … Continue reading
A.M. Look 11/17/14
Stocks… Nikkei…Japan is putting an ORL day with a close below 17,335. 17,175 is first support and the downside momentum level. ASX 200…5431 is today’s ORL # as well as the 200 DMA. Spu’s…2020-22 is support and the closing downside … Continue reading
GBP/JPY
GBP/JPY…today’s ORL # is 181.70 with stops below. This pattern would have to unfold, and follow thru, for a Risk Off board. A follow through of this pattern is needed to rally the Yen to our low risk sell zone … Continue reading
A.M. Look 11/12/14
Stocks… Welcome to the mid-week shuffle. There is no change to the technical levels in the major indices. Many individual instruments are trading overbought. Nasd 100…4138 is the first support. Spu’s…2013-14 is descent support today. You still need a close … Continue reading
A.M. Look 11/11/14
Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nasd 100…keeps putting in higher daily lows, a bullish formation.Only a close under 4142 could change the short term sentiment, although I doubt … Continue reading
A.M. Look 11/10/14
Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nikkei…needs to hold above 16,700 to not go into profit taking mode. Profit taking mode would give a bid to the Yen. DAX…91.83 … Continue reading
A.M. Look 11/3/14
Stocks… Nasd 100…you want to buy this Index between 4100-20 with a tight stop. SPU’s…put in an ORH day yesterday. Closes over 2022 start another measured 100 point swing up. Nikkei…could retrace to 16,450 and still keep the monthly ORH … Continue reading
A.M. Look 10/31/14
Stocks… Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. SPU’s…put in an ORH day yesterday. Closes over 2022 start another … Continue reading
A.M. Look 10/30/14
Stocks… Spu’s…price action under 1960 support is needed to unnerve the Bulls. Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. … Continue reading
A.M. Look 10/29/14
Stocks… DAX…A close above 9110 should be treated as an upside break out. XLE…looks positive. DIG…has been lagging XLE. Sustained price action and a close over 65.00 is an upside breakout. Look to play these ETF’s form the long side … Continue reading