Stocks.. Spu’s…put in an ORL and has followed through this A.M. 1671.75 is point & figure support. A Friday close under 1665.75 would have me believe this could turn into a good correction. SDS…37.80-90 is the first resistance level. Closing … Continue reading
Stocks.. QQQ…76.05 is a level that can reject the first time up. The longer term upside tgt is 82 as long as 72 holds on breaks. Bonds… 30 yr….135.00 remains resistance and the upside pivot. FX… Euro…needs a close under … Continue reading
Stocks.. GOOG…924 was the old pre-market high and tgt. This level will run the next swing in GOOG. NFLX…248.85 is the old high, 262 is next resistance. DAX…is over the 8000 pivot. Bonds… 30 yr….The long term point & figure … Continue reading
Stocks.. Spu’s…a close under 1590 would be negative. Nasd 100…a close below 2888 would be negative. Bonds… 30 yr. Bonds…by maintaining above 135.00 this has the potential to reach 137.20-24. TLT…needs to maintain above yesterday’s low. Price action above 110.80 … Continue reading
Today will not be a day for Amateurs, I’m writing Cash & Futures prices only today. Stocks.. Bonds… The 30 yr. owes me at least one little wiggle up today. Price action over 140.04-06 and it can keep on wiggling! … Continue reading
Stocks.. Nikkei…13,100 is near term support. As long as this remains above 12,500 it remains on a positive footing. Closing over 13,520 will lead to more upside. Bonds… Bunds…143.75 is resistance and the closing upside pivot. FX… USD/JPY…94.90-95.00 (105.30-40 Futures) … Continue reading
We’re stopped out of the YCS @ 58.25 Futures Traders were stopped out as well @ 106.09 We have no other working orders or positions.
Housekeeping: It has come to my attention that many of you do not have your quote boards set up to properly view the markets. First and foremost you know I’m all about capital flow. In order to see the flows … Continue reading