Monthly Archives: May 2019

Daily Market Intelligence 6/3/19

Daily Market Intelligence 6-3-19

Midday Missive

Spoo’s traded the next macro level which is holding. The low in KSU, a surrogate for Mexico has held its 200 DMA and its 50 WMA @today’s low. I’ve nibbled @ EWW from the long side. Spoo pit resistance for … Continue reading

A.M. Look 5/31/19

Play the match game today!!! Spoo is there. Nasd 100 @ 50% level Oil..close enough. 30 Yr. Bond @ 50% level Gold close enough to cautious of the rally. Waiting for Trumps buddies to blow up his phone this A.M. … Continue reading

Daily Market Intelligence 5/31/19

Daily Market Intelligence 5-31-19

Midday Missive

The capital flow ended a few minutes early today with the failure Of the Spoos and many correlated names like MSFT failing just shy of their breakdown gaps from yesterday. This is not price positive the Indices. Below is a … Continue reading

A.M. Look 5/30/19

The upside and the downside has been delineated. I’m just waiting to see if the Spoo 200 DMA can produce more than a 14 point bounce. Short term traders should wait for the U.S. session to set up before getting … Continue reading

Daily Market Intelligence 5/30/19

Daily Market Intelligence 5-30-19

Midday Missive

AAPL..180.50 is today’s ORH#. DE,MMM, FDX & INTC are trying to bounce. Big cap tech is a drag. Spoo low is good in to the 200 DMA & 50 WMA. It will be a U.S. show in the afternoon. The … Continue reading

A.M. Look 5/29/19

Mid-Week Shuffle. Time frame trading. Yes it is the right day of the week for a tradable low and a bounce. Yesterday’s high @ the qtrly pivot @ 2839.50 is big. Until you see two closes over that level be … Continue reading

May-June 2019 update

                                                       Context As is typical with market corrections, they seemingly come out of nowhere catching most investors off-guard. This most recent correction which began early October was no exception. However, clients of WhiteWave were forewarned with enough time … Continue reading