Tag Archives: Yen

A.M. Look 10/28/14

Stocks… Spu’s & Nasd are both higher on the month. if they maintain higher after tomorrow’s Fed Minutes release, look for this to continue into Friday’s close. Bonds … 30 Yr. Futures…need back under 141.12 close to head lower. Price … Continue reading

A.M. Lok 10/27/14

Stocks… MVV…66.25 is 200 DMA resistance. This will take under 64 to see any real selling. 61.25 is the low risk buy zone, where new longs will puke. DAX…89.00 is mvg avg support. This will be a pivotal level. DAX … Continue reading

Yen…Order Update!

Cancel this working order! Today’s Working Orders…Sell 2 Yen Futures (JY6Z) @ 92.85! We didn’t get this one on our terms. I’ll wait this out into Sunday.

Yen…Trade Alert!

Sell 2 Yen Futures (JY6Z) @ 92.85! I didn’t sell them early at the market. Maybe we’ll get lucky later in the day. It will take equity weakness to precipitate any rally in the Yen. I’m looking for 110 (90.90 … Continue reading

Currrencies

AUD/JPY…94.85 is today’s momentum level just above the 200 DMA @ 94.63. All new price action is needed above this level for follow through in the cross. This seems to be matching up with 1941 in the Spu’s. EURO…weekly breakdown … Continue reading

A.M. Look 10/23/14

Stocks… Spu’s…as seen on the point & figure, after 5 days of a relentless 100 point rally with no consolidation, we finally got some back and fill yesterday. Now we have a range to judge the next move. Sustained price … Continue reading

A.M. Look 10/22/14

Stocks… Equity Indices have exceeded all my # sets for this rally. They’ve all come too far not to have some profit taking or back and fill. SHCOMP…is attempting an ORL day, however it’s sitting right on 200 WMA support … Continue reading

A.M. Look 10/21/14

Stocks… Spu’s…1904 the 200DMA was good for a 20 point move off the China PMI data last night. I’m looking for the Indices to rally into tomorrow. Technicians are watching the downtrend line that comes in @ app 1930 to … Continue reading

A.M. Look 10/20/14

Stocks… NASD 100…there is room up to 3850 to rally as long as it holds a retest back to the 200 DMA @ 3770.   Sell stops are building below 3742.   Spu’s…resistance 1891, 1904,1917. These were the support levels … Continue reading

A.M. Look 10/15/14

Stocks… Spu’s….1846 is unchanged on the year with macro sell stops below. Spu’s need sustained price action over yesterday’s high of 1892 to turn the longer term point & figure chart back up. Nasd 100…3768-58 is the 200 DMA depending … Continue reading