Monthly Archives: June 2016

EUFN…European Financials

EUFN…19.28 is the 200 DMA My view is to tighten up risk and take 75-80% of the trade off with a breakeven stop on the rest.

Daily Market Intelligence 6/20/16

Daily Market Intelligence 6-20-16

Grains…JJG

SX…November beans..This contract takes into account the harvest and the full weather effect of July & August. Ideally you’d like to see a mid week pull back to the gap to buy. You might not see that. Grains will go … Continue reading

Brexit Punters…EUFN

A.M. Look 6/17/16

30 Yr. Bonds… ​GBP/USD…we’ll see how much more squaring up there is before London’s close as the truce in the Brexit campaign could last through the weekend. GOLD.. ​ ​Spu’s need under 2062 to weaken and above 2078 to rally. … Continue reading

Daily Market Intelligence 6/17/16

Daily Market Intelligence 6-17-16

The Late Show

GBP/USD…this is a big blow off in the Sterling which matched up with the Sept Spu trading 1 dollar shy of it’s matrix.   ​Gold has been in profit taking mode since late London​ reacting to the low in the … Continue reading

Midday Missive

Sept Bonds printed the continuation high. I’m not looking for much more although the June pattern swing count was to 173.00 leaving room for another half a point in Sept. Spu…Sept should print the pivot @ 2039-40. These are only … Continue reading

A.M. Look 6/16/16

Gold/Euro..is breaking out of it’s 1 year range. The Fib extensions give you an idea of how far this can run. Caution back below 11646. EUR/JPY…Is getting close to fulfilling major multi yr. fib extensions @ 115.09 with 111.46 being … Continue reading

Daily Market Intelligence 6/16/16

Daily Market Intelligence 6-16-16