Is market teasing everyone to start chasing? 25-11-2014

25/11/2014 06:19

S&P 500 - Daily Rolling

Yesterday we observe no panic buying, no disorder, no explosive bursts, no vol implosion.....So IF S&P can get down to the 2049-2053 region it is a place to trade from the long side for a visit on main resistance if it breaks out is 2082-88 before the major pullback

Germany 30 - Daily Rolling

DAX has managed to survive at this high altitude. However the 2 hrs and 4 hrs fractals call for a move down tomorrow. So this is just a temporary reprieve. But a much larger move is coming soon or tomorrow. First support 9680 -9730 and the 9530-9480 if it holds then move up into 9890- 9920 before the bigger fall.

Nasdaq 100 - Daily Rolling

IF the move up off Friday's low is to unfold impulsively, it should ideally hold 4270 on any pullback. Below there, and 4225-4236 become likely. Tomorrow may very well be spent in a trip back to Friday's low, with support at the rising channel, before a potentional rally Wednesday-Friday

Euro/Usd

As long as Euro FX holds below 1.2497 it is set up to decline lower - to at least 1.2337 or as low as 1.2287.

Gold - Rolling Daily:

Gold approached on Friday more his first goal of $ 1,210, writing high of 1208.10 and holding at the close of 1200.

It is possible a few days to be at these levels, 1180 and $ 1215.