Index traders should get a couple of wiggles today depending on time of day. The only thing that matters today is the close. Yen Futures show sell stops @ 89.20. You’ll need to see sustained and closing price action below … Continue reading
Daily Market Intelligence 9:15:21
Daily Market Intelligence 7:6:21
All is quiet. Crypto has a bid against precious metals. FX..Yen remains weak and weak on the crosses. DAX…I can generate higher targets but I would prefer to wait until the end of the qtr. Keep using 15,500 as a … Continue reading
Spoo & Nasd are a big gap game this A.M. This is the setup I was looking for earlier in the week. Nasd will require sustained price and closing price action under 13,710 for a correction. Spoo…Overnight high was close … Continue reading
Daily Market Intelligence 3:29:21
Daily Market Intelligence 2:5:21
Daily Market Intelligence 2:1:21
Grains are starting to look interesting again. Corn has an ugly weekly pattern. Beans…coming into support in Yuan and Real terms. I’d like to wait a bit to see if we can get them another 20 cents lower. Conclusion; … Continue reading
Spoo…third gap up in U.S. session should lead to at least one little back and fill to 3480 during the U.S. session. Point & Figure high matching the oscillator in the Spoo/Bond spread and the Green target on the sheet … Continue reading