Tag Archives: Yen
A.M. Look 9/23/14
Stocks… DIG…74.75 is monthly support. 78.31 is resistance and the Monthly ORL #. DAX…by staying below 9730, look for Dax to break in 80-100 point increments. 9560 is today’s 200 DMA. Nasd 100…has to close over 4080 mvg avg resistance … Continue reading
Midday Missive
Euro…after failing @ 129.25, is on it’s way to 127.50. All dollar denominated commodities will remain offered except for the meats. USD/JPY…107.25 (93.20’s Futures) is the level you want to buy dollars and sell Yen, if and when it ever … Continue reading
A.M. Look 9/9/14
Stocks… X…U.S. Steel remains firm above 39. UNH…trend support is 86.70. The first short term tgt is just below 90. Longer term this can go to near 110 as long as there is no close below 86.70. TSLA…remains firm above … Continue reading
A.M. Look 9/8/14
Stocks… SPU’s…need sustained price action under 1885-7 to break anywhere. Bonds … 30 yr. Bonds…range bound. FX… GBP/USD…Sterling is reacting to the Scottish Independence Polls. It put in an ORL week last week. The Yes camp for devolution is gaining … Continue reading
A.M. Look 9/3/14
Stocks… Spu’s…still tgt the low 2020’s Nasd 100…4160 is the next tgt. Bonds … 30 yr. Bonds.. I don’t have an interest in selling the Bonds mid-week after a 2 1/2 point break. FYI…I will be writing and trading off … Continue reading
A.M. Look 8/29/14
Stocks… SMH…put in an ORH day. Look for some upside follow through. A close today over 51.17 will put in an ORH Month WDAY…looks like it’s going to try to put in an ORL week, however 85.20-84.77 is major support … Continue reading
A.M. Look 8/27/14
Stocks… Targets remain the same. DAX…94.77-95.15 is weekly resistance and the closing upside pivot. Now that we’ve broken above this zone I’m looking to buy a 100 point pull back HEDJ…56.60 is the buy zone for this ETF. Buy breaks … Continue reading
Midday Missive…W/ Yen trade Alert
SELL Yen @ 97.64… “BUY USD/JPY @ 102.45” Good for today.This is an off the market low risk order with about 25-30 ticks of risk. You just never know how the Bots will interpret the minutes so I’m placing the … Continue reading
A.M. Look 8/20/14
Stocks… VIX…12.66 is the 50 DMA resistance and the short term upside pivot. 13.62 is the 200 DMA. Nasd 100…4080 is the first exit level for this swing. 4160 matching the 2000 semi annual high is the second tgt. … Continue reading