Monthly Archives: June 2017

Daily Market Intelligence 6/13/17

Daily Market Intelligence 6-13-17

A.M. Look 6/12/17

GBP/JPY…138.93 is today’s 200DMA. The short side of the Pound should stall into this level the first time down.   Nasd 100…5623 is weekly closing momentum line that has been holding since December.   GOOGL… the gap is 920.53-893.96. This … Continue reading

Daily Market Intelligence 6/12/7

Daily Market Intelligence 6-12-17

Daily Market Intelligence 6/9/17

Daily Market Intelligence 6-9-17

The Late Show

IYT…Transports are attempting an ORH day after holding momentum   Oil…is trading weak into the Pit close. Given Gartman just went negative TEXAS TEA, I’d use a trailing stop 10-15 cents above today’s Pit Close.

Midday Missive

Oil..the next set of sell stops are @ 45.67-53. A couple of you sent me notes you were short. You need an 80 cent rebound off any low for a broader reversal. All you can do is time frame trade … Continue reading

A.M. Look 6/7/17

I’ve nothing to add this A.M. Shorter time frame players should be patient and wait for NYSE to open.

Daily Market Intelligence 6/7/17

Daily Market Intelligence 6-7-17

A.M. Look 6/6/17

The board is decidedly Risk Off. 30 yr. Bonds are bid over its 200 DMA @ 156.05 (June) with Gold and Yen strength in lock step. Gold…100X3 P&F   Gold/EURUSD…broke out over its 200 DMA.   See how New York … Continue reading

Daily Market Intelligence 6/6/17

Daily Market Intelligence 6-6-17