Monthly Archives: February 2017

Daily Market Intelligence 3/1/17

Daily Market Intelligence 3-1-17

A.M. Look 2/28/17

Today is month end with the State of the Union tonight. The rest of the world Bourses have traded easier overnight. June Bonds are beginning to show up on ADC charts. I suggest using the Daily Continuation for at least … Continue reading

Daily Market Intelligence 2/28/17

Daily Market Intelligence 2-28-17

A.M. Look 2/27/17

The market is name specific at these levels. Day traders should wait for the NYSE to come in before clicking the mouse. As of now, looking at overnight price action, it could be a quiet day waiting for tomorrow’s month … Continue reading

Daily Market Intelligence 2/27/17

Daily Market Intelligence 2-27-17

TZA

TZA hit pretty good initial resistance matching the gap in the Spu’s. Longs should use a 17.90 closing stop. I’ll be out of office for the next few hours.

Pattern Alert

The potential 3 day Island is off the table in the Spu’s, although you still have a stranded close on a new high. Equity/Bond spreads do not show a blow off top, only a correction. Spu’s need to close below … Continue reading

Daily Market Intelligence 2//24/17

Daily Market Intelligence 2-24-17

ORL Pattern Alert

Nasd 100… is putting in a potential ORL day   Spu’s…need a close under 2355.80

Midday Missive

EWW…has been a Risk On Indicator   TZA…the triple short Small Cap shows a trad able low @ 17.48 look for 18.60.   Expecting weakness for the next hour. It will come down to the last 30-45 minutes whether the … Continue reading