Monthly Archives: June 2016

A.M. Look 6/15/16

It’s the Mid-Week shuffle, making today all about the technical models. Are we in an uptrend or a downtrend in Equity Indices? Until the Yellen press conference is over it will be unknown. I’m mildly bullish equities and bearish the … Continue reading

Daily Market Intelligence 6/15/16

Daily Market Intelligence 6-15-16

A.M. Look 6/14/16

Can the Equity Indices stabilize today? The Bund (165.33) & Italian 10 Yr. into (140.25) are both at initial extremes. Both need another 30 ticks for additional follow through. Bund would need a close over 165.65 BTP  would need a … Continue reading

Daily Market Intelligence 6/14/16

Daily Market Intelligence 6-14-16

Midday Missive

Oil Patch…names with definable risk PXD APC… ​CSX…holding support. This is good as long as there is no close below 26.50 XLF…while i don’t think this ETF is worth the margin money to own, it is holding. ​

A.M. Look 6/13/16

Gold…is getting to a resistance area @ 1288-90. It will take all new closing price action over this level to go again.     ​Bond markets.. investors are shunning Italian and French debt​ with the Brexit vote polls leaning toward … Continue reading

Daily Market Intelligence 6/13/16

Daily Market Intelligence 6-10-16

A.M. Look 6/10/16

Nikkei & Dax have led the Indices lower. DAX…9840 is first cloud support. I will be still be quoting June prices in the Indices until next Tuesday. AAPL is trading lower and price action and a close below 98.50 will … Continue reading

Daily Market Intelligence 6/10/16

Daily Market Intelligence 6-10-16

A.M. Look 6/9/16

Aussie is typically a risk indicator. What do we know about the matrix zones? 1) they act as targets and exit levels for direction traveled to the level. 2) they are sell before you buy levels coming up to a … Continue reading