Tag Archives: S&P 500 Futures

Daily Market Intelligence 5/15/19

Daily Market Intelligence 5-15-19

Midday Missive

I bought DIA against the 200 DMA. Looking for a rally into mid-week. Spoo put in a reversal on the 50X3 confirming yesterday’s low. Semi’s have lagged. They’ll play catch up above 108.

A.M. Look 5/14/19

Amazon…1856 is near resistance. Spoo’s…25X3 has a descent pattern after being tweeted back up last night. Sustained price action under 2810 is needed to roll over again. Hard to know whether the Index reaction is just an oversold bounce or … Continue reading

Daily Market Intelligence 5/14/19

Daily Market Intelligence 5-14-19

A.M. Look 5/13/19

Yuan is heading towards 7. Gold and Bitcoin as the big winners against the currency as Chinese investors seek haven assets. RDSA is back at the top of its range as yield hungry investors seek to ride out the Trump … Continue reading

Daily Market Intelligence 5/13/19

Daily Market Intelligence 5-13-19 Daily Market Intelligence 5-13-19

Midday Missive

The early show was run by AMZN running its daily ORL stops and holding. Oil ran it’s weekly stops @ 62.99 bottoming at its 50 WMA. Above 63 late day will be supportive of the Indices. Energy names have blown … Continue reading

A.M. Look 5/10/19

Trading will be instrument specific/level specific. Asia was optimistic about a trade agreement as evidenced by the Shanghai Comp price action. Spoo’s are trading below its 50 DMA and Spoo/Bond below both major mvg averages. Spoo…2890 is clear resistance on … Continue reading

Daily Market Intelligence 5/10/19

Daily Market Intelligence 5-10-19

Midday Missive

Spoo’s filled qtrly gap. The current reversal level for the SPOO is @ 2862 ish. Not looking for that to happen. Nasd 100 has another 60 points to go before we see a descent bounce. Euro is screaming against all … Continue reading