Tag Archives: Yen

Yen Trade Alert! Closing Trade!

BUY 4 JYAZ @ the market! I’d rather lose a few ticks in this than have a long equity position.

Yen Trade Alert!

Sell 4 JYAZ4 @ the market! I’m trying a Yen short here with a very tight stop for a nibbler at a Risk on bias. There is not a good stop to use in the Equity indices, however there is … Continue reading

A.M. Look 10/13/14

Stocks… Spu’s….1903 is the 200 DMA, this will be pivotal all week. 1876 is daily support. 1921 is daily resistance.   SSO…109.40 is the 200 DMA (Support) Bonds … 30 Yr. Bonds…142.15, then just shy of 144 is possible TLT…120.60-70 … Continue reading

Midday Missive

USD/JPY…107.15 (app 93.35 Futures) is Yen resistance and the closing upside pivot. This is the spot to sell the Yen with a very tight stop of app 25-30 pips. You should see price rejection here the first time up. How … Continue reading

A.M. Look 10/7/14

Stocks… SPU’s … the point & figure pattern shows a move back to 1928 is possible. Sustained price action above the high 60’s is needed to turn the pattern Bullish. IYT…closing below 148.25 would target 141 a test of the … Continue reading

A.M. Look 10/6/14

Stocks… SPU’s …need sustained price action back under 1954 to weaken. 1972 is today’s resistance and closing upside pivot. GOOGL…needs sustained price action and a close over 591 to held propel the indices higher.VIX…13.55 is support where the 50 & … Continue reading

A.M. Look 10/3/14

Stocks… SPU’s …need sustained price action back under 1928 to weaken. Everyone is looking at 1954 ish for resistance, however the Point & figure has room for a move as high as 1967, which would  definitely screw the most amount … Continue reading

A.M. Look 10/2/14

Stocks… Nasd 100…4016 is resistance. 3948 is weekly support. FB…could go as low as 75.40 and snap back, however a close tomorrow under 75.95 will have this name heading south for as much as a 10% correction. VIX…17.50 is weekly … Continue reading

Midday Missive

The qtrly Equity Index charts are pretty ugly. I’m looking for 1875 +- a few in the Spu’s & 3800 Nasd 100. Closes over 1954 in the Spu is the only thing that will negate the targets. USD/JPY….is trying to … Continue reading

A.M. Look 9/24/14

Stocks… DAX…9560 is today’s 200 DMA. I’ve attached a DAX/BUND daily and weekly chart. This is Long Dax ( German Equities) vs Short Bund (German 10 Yr. Bonds). We’re at an inflection level in the spreads and the outright Dax. … Continue reading