Monthly Archives: July 2016

Daily Market Intelligence 8/1/16

Daily Market Intelligence 8:1:16

A.M. Look 7/28/16

Gold…the volume is now in December (Z) ​1339 is today’s support and momentum #. The December contract ​weakens on a close below. Spu/Bond…is showing signs of stress with yesterdays ORL.AMZN & GOOGL earnings after the close are the only 2 … Continue reading

Daily Market Intelligence 7/28/16

Daily Market Intelligence 7-28-16

Money For Nothing

Gold…1238.80-1340 is resistance and the closing upside pivot. Euro..is attempting an ORH day with a 4 PM CDT close over 110.30. 110.75 is today’s 200 DMA EUO…24.73 is today’s ORL # with 24.48 being 200 DMA and momentum support. A … Continue reading

Midday Missive

The silly season could be ending. Make sure you have appropriate trailing stops. ​X​ ​EUR/AUD​

A.M. Look 7/27/16

FTSE…resistance is 6775. DAX..is trading into resistance. Spu’s.. have been range bound for for a week and a half with all the action in the names. AAPL…is going to open close to its 200 DMA which is an exit zone, … Continue reading

30 yr. Futures

Day only Pit session stops are @ 171.09 Pay attention to these #’s for follow through ( which signals more risk on ) or a possible screw job and a flipping of the spreads.

A.M. Look 7/26/16

Gold…is still holding matrix support @ 1307 (Q). Below it will get weak fast. Those buying Gold against the trend line or for a longer term play should keep a tight leash on this. It would take a close over … Continue reading

Daily Market Intelligence 7/26/16

Daily Market Intelligence 7-26-16

Spu’s…

So far we have a classic opening range trade working. Long only investors need to pay attention to this pattern late day. Expect weakness to prevail into London’s close as the Long side of SPU/DAX is seeing profit taking.