Pivot: 1283.00 Our preference: LONG positions above 1283 with targets @ 1339 1349. Alternative scenario: The downside penetration of 1283 will call for a slide towards...
THE TAKEAWAY: The US Dollar corrected lower but overall positioning continues to favor the upside. SP 500 technical positioning hints a turn lower may be ahead....
Pivot: 131.15 Our preference: Long positions above 131.15 with targets @ 131.9 132.35 in extension. Alternative scenario: Below 131.15 look for further downside with 130.75 130.25...
Pivot: 108.80 Our preference: SHORT positions below 108.8 with 106 105 as next targets. Alternative scenario: The upside penetration of 108.8 will call for 110.7 112.9....
Pivot: 99.45 Our preference: Short positions below 99.45 with targets @ 98.45 98.15 in extension. Alternative scenario: Above 99.45 look for further upside with 99.95 100.45...
The 10 year Treasury Note and 30 year Treasury Bond are at support while the SP 500 is at resistance (and has been for weeks). The...
Pivot: 106.45 Our preference: LONG positions above 106.45 with 108.8 110.7 as next targets. Alternative scenario: The downside penetration of 106.45 will call for a slide...
Pivot: 94.50 Our Preference: LONG position above 94.5 with 101.5 103.8 in sight. Alternative Scenario: Below 94.5 down move to 90.85 87.5. Comment: the pair is...
Pivot: 1.2355 Our preference: Long positions above 1.2355 with targets @ 1.24 1.242 in extension. Alternative scenario: Below 1.2355 look for further downside with 1.233 1.23...
Pivot: 1309.00 Our preference: SHORT positions below 1309 with targets @ 1266 1244. Alternative scenario: The upside penetration of 1309 will call for a rebound towards...