Monthly Archives: May 2016

A.M. Look 5/31/16

Posted on 05/31/2016

The overnight action was confined to the Aussie & Kiwi being bought against the Yen & Euro. AUD/USD…is trading at its 200 DMA @ 72.54. I’m looking for this to stall out just shy of 73.00 cents where it would … Continue reading →

Daily Market Intelligence 5/31/16

Posted on 05/30/2016

Daily Market Intelligence 5-31-16

Matrix Tutorial

Posted on 05/30/2016

How to utilize the static closing levels that rarely change. The # sets have a lemming effect quality in that instruments gravitate from one to the next. They are closing levels so you can identify ranges and break away moves. … Continue reading →

Early Thoughts

Posted on 05/27/2016

I doubt you’ll see much of anything before Yellen’s speech @ 12:15 CDT. It will be a very light day of trading with muted price movement until the speech, then it will be just the bots as most homo sapiens … Continue reading →

A.M. Look 5/27/16

Posted on 05/26/2016

Daily Market Intelligence 5-27-16

Early Thoughts

Posted on 05/26/2016

BHP is leading the miners for the past 2 days. I took a look yesterday but was sanguine the precious metals. Some asked about reloading on Long NUGT which didn’t jive at the time with my view that Equities would … Continue reading →

A.M. Look 5/26/16

Posted on 05/25/2016

Daily Market Intelligence 5-26-16

Early Thoughts

Posted on 05/25/2016

It’s the mid-week shuffle after a Full Moon and technical models in equity Indices world wide are turning up. Currently the Spu’s & Nasd 100 are into some congestion as mentioned yesterday. A wiggle back to yesterday’s highs and a … Continue reading →

A.M. Look 5/25/16

Posted on 05/24/2016

Daily Market Intelligence 5-25-16

Midday Missive

Posted on 05/23/2016

Another break to nowhere in the Oil. I’d like to get some bought for a bounce near 46.65 risking 25 cents. Sustained price action over 48.50 leaves way to old resistance @ 49.40-62. I love Pot and MOS is showing … Continue reading →