Pro Tips

Daily Market Intelligence 6/21/17

Daily Market Intelligence 6-21-17

Pattern Alerts …ORL’s

FTSE..   DAL..Delta Airlines VNQ..REIT Vipers IYR..iShares U.S. Real Estate IYC  ..DJ Consumer Service Sector   SMH..Semiconductor   The above are potential exhaustion patterns   Keep your eye on Gold for a defensive long after 12:30 CDT New York Pit … Continue reading

GBP/JPY…Pattern Alert

Sterling Traders.. GBP/JPY is putting in an ORL day.   The cross is coming into momentum support @ 140.72. This is a caution signal for selling weakness in Sterling.      

A.M. Look 6/20/17

July (N) Crude expires today. 42.72 is the Feb. Monthly close, which is the low monthly close this year. This is the next level to test. The pattern sell stops are @ 42.01 I doubt anyone will want to take … Continue reading

Daily Market Intelligence 6/20/17

Daily Market Intelligence 6-20-17

Midday Missive

NAVI…Navient Financial is a payment processor with a 4% yield. 16.39 was the April high which is now within reach. Index wise the Spu’s & Nasd 100 have tested their initial upside. Time Frame trading the rest of the day. … Continue reading

A.M. Look 6/19/17

The board has been Risk On since Asia. I’m not looking for much more to happen until after 9:00 CDT The levels are as previously stated.

AMAZON

AMZN…   KR…Kroger could trade to just below 18 before bouncing —

A.M. Look 6/16/17

Spu’s… Nasd 100…5763.75 is the weekly ORL #. This is  resistance and the upside closing pivot. Nasd 100 weekly   Be patient to see what sector leads today. The less you do the happier you’ll be. The above charts are … Continue reading

Daily Market Intelligence 6/16/17

Daily Market Intelligence 6-16-17