Daily Market Intelligence 11-12-20
Oil is above its 50 Week MA for the first time since January. Inventories are tomorrow with today being Veterans Day in the U.S. We’ll take some time today to look for a longer time-frame way to play Oil demand. … Continue reading
Daily Market Intelligence 11-11-20
Between China increasing its control of its internet companies and Trump acting like himself, the markets said no. Do your homework!!! I got caught up staring at a limited view yesterday and missed the key tell in the Gold. The … Continue reading
Daily Market Intelligence 11-10-20
Silver…completed a 50% retrace from the Thursday post Aug payrolls high. Silver is extending it’s gains vs. 30 Yr. Treasuries. Gold is on the same path. Copper is putting in an ORH week. Spoo’s…3480-86 is the close gap to deal … Continue reading
Daily Market Intelligence 11-6-20
Spoo…third gap up in U.S. session should lead to at least one little back and fill to 3480 during the U.S. session. Point & Figure high matching the oscillator in the Spoo/Bond spread and the Green target on the sheet … Continue reading
Daily Market Intelligence 11-5-20
China E.V. names, China in general comes out on top. Covid lock down names are in play. Transports act well. Spoo…3400 will be big all day. The last extreme happened just before London came in when Trump decided to inaugurate … Continue reading