Monthly Archives: June 2016

Daily Market Intelligence 6/29/16

Daily Market Intelligence 6-29-16

Midday Missive

FTSE…coming into mvg avg resistance.   ​Nasd 100 4265!!!!!! needs to close over 4271 Spu’s…2022 ish. Don’t chase the initial retail U.S. buying!!!!!!!​

A.M. Look 6/28/16

Corn…It’s all in the map. Here is the picture, 1st an ADC 2nd a daily. Note the difference in where the mvg averages come in. Both show Corn trying to bottom with 4.01 being a key closing level. Active Daily … Continue reading

Daily Market Intelligence 6/28/16

Daily Market Intelligence 6-28-16

The Late Show

Spu’s were not quite able to get to the buy level of 1965. I’d look at the rest of the day as contra Europe price action where the U.S. Equities find buyers. DAX…9170 is the 500 week mvg avg, a … Continue reading

Midday Missive

Price action remains negative Equities/Dollar positive with one hope rally last night going into London’s opening in the Euro and U.S. Indices which faded. Deutsche Bank is at new all time lows. It would take a close today over 14.13 … Continue reading

Daily Market Intelligence 6/27/16

Daily Market Intelligence 6-27-16

Midday Missive

U.S. Equity indices have had a nice relief rally although those gains have faded with the Nasd 100 failing to hold above 4353. EURO…111 is the downside closing pivot for the qtr. It’s a 4 P.M. CDT level. Most clients … Continue reading

A.M. Look 6/24/16

DAX…9429.5 will be a pivotal level for market tone going into London’s close. This is the weekly ORL # matching the 200WMA. Spu’s…2041 is the weekly closing ORL #. Spu’s only have to close over this level for the U.S. … Continue reading

BREXIT Technicals

Euro…106-105.50 is the next major level with sell stops below. YEN…we’re back to 2013 levels @ 99.01 USD/JPY 101.24 Futures. Given the 3 figure bounce off the level the next extreme is 94.88 USD/JPY 105.39 Futures. GBP/USD…elected the stops through … Continue reading