Monthly Archives: March 2018

A.M. Look 3/8/17

Posted on 03/08/2018

Waiting on the ECB. Below is the Active daily Continuation chart for Bunds. You can clearly see the rollover gap on this look. Spu 50 DMA is 2739.63

Daily Market Intelligence 3/8/18

Posted on 03/07/2018

Daily Market Intelligence 3-8-18

The Late Show

Posted on 03/07/2018

For all you Hamstah’s…there is little trade location here for anything. The medium-term P&F shows a trip to the low 2690’s would just fill out the Point & Figure. Time to walk away until very late if you’re still clicking … Continue reading →

Midday Missive

Posted on 03/07/2018

Steel names are up and look to go higher. MU,WDC,STX and the rest of tech were opening range trades. PSX,HFC & VLO are bucking the Oil tape. EXEL had a good hold this A.M. in Biotech. This is a long … Continue reading →

A.M. Look 3/7/18

Posted on 03/07/2018

You’re already seeing some bottom fishing in the Indices as some traders wish to front run NYSE open. Is this the mid-week sell off or not? I’m looking to buy before I sell early today. EIA Oil inventories are @ … Continue reading →

Daily Market Intelligence 3/7/18

Posted on 03/06/2018

Daily Market Intelligence 3-7-18

Midday Missive

Posted on 03/06/2018

There were too many matches at today’s high to be Bullish over the next couple of days. Look for the 2 way opportunistic trade to continue. Cat into resistance. MU..take some dough. 2689.50 is the reversal # for the 50X3 … Continue reading →

A.M. Look 3/6/18

Posted on 03/06/2018

Yen crosses are mirroring a risk on board. EUR/JPY  132.19 is the weekly ORH# with mvg avg resistance @ 132.29. Expect price rejection the first time up to match up with the 50 DMA in the Spu’s. EXEL…25.52 is first … Continue reading →

Daily Market Intelligence 3/6/18

Posted on 03/05/2018

Daily Market Intelligence 3-6-18

Midday Missive

Posted on 03/05/2018

Infotech has been bid all A.M. STX, WDC has stayed firm. I bought EXEL against the low of day looking for 25.25 to pay for the trade. Oil is strong with the energy names going bid. Micron (MU) led out … Continue reading →