Stocks… Spu/Bonds & Spu’s…did not put in an ORH pattern. Spu’s… need over 1847 for higher, or 1836-37 for a push lower. Nasd 100…(ENQH4) all session put in an ORH pattern yesterday, however the NYSE ( Chicago Pit session) did … Continue reading
Stocks… Nasd 100…3633 is closing support. EWA…The Aussie shares have been on a tear. 25.18-36 is the closing resistance level. EWA could retest support @ 24.25 the lowest risk buy zone. Maintaining closes over 24.62 (the Monthly ORH#) is key … Continue reading
Stocks… Nasd 100…3633 is closing support. JPM & COF put in ORH days. The financials are starting to catch a bid. XLF… came close to an ORH day and the chart pattern looks positive. Bonds.. 30 yr. Bonds… are currently … Continue reading
Stocks… Spu’s…1807 is the 50 day mvg avg. it will be pivotal all day. (firm above/weak below) Bonds.. 30 yr. Bonds…132.28-30 is resistance . FX… EUR/AUD…153 +- a few is resistance. AUD/USD…89.10-88.75 is support. USD/JPY…101.50-70 is Dollar support..Yen resistance (98.30-50 … Continue reading
Stocks.. Dax…9300 is first resistance. Bonds… Bund…have rallied a long way. 143.40 is first support and the short term downside pivot. 30 yr. Bonds…133.18 is resistance. Look for more weakness under 132.27. This could easily give you another point. FX… … Continue reading
Stocks… GOOG…1120-22 is pivotal for GOOG and the entire board. Sustained and closing price action under 1120 will lead to another bout of Risk Off. That could easily lead to another 100 points down in Nasd. Nasd 100…needs a couple … Continue reading
Stocks… Spu’s…can still print into the 1720’s and rebound. Price action early will dictate the day. MSFT…put in an ORL day. Sustained price action and a close below 36.30 will signal a deeper correction. First stop would be a test … Continue reading
We’ve finally elected the intermediate sell stop in the Spu’s. As of this moment you’ll need sustained price action over 1763 for bottoming action. Trade your time frames!! It’s doubtful you’ll see any bottom fishing before London’s close. Anything over … Continue reading
Stocks… Spu’s…resting sell stops are below 1760. Weekly price action over 1787 is needed to think we’ve seen a good low. Nikkei….Needs to close over 15,000 for a couple of days to rally. F….Ford is worth keeping an eye on. … Continue reading