Daily Market Intelligence 2:1:21
Yen crosses are in play. GBP/JPY and Yen/Yuan Peter pointed out the Wallstreetbets threads on Silver yesterday. Silver/Yuan is leading. As the Yuan strengthens so do many commodities. Grains & metals Jesse was on the engulfing bull formation in Bitcoin. … Continue reading
Daily Market Intelligence 1-29-21
First Majestic Silver (AG) seems to be the standout this A.M. up 38%. KOSS..hard to believe this opened @ 3 on Monday and is not trading 76 GME…up another 41% Spoo’s held a very nasty mid-week shuffle. 3742.50 will become … Continue reading
Daily Market Intelligence 1-28-21
Grains are firm with Asian buyers. Indices are weak with the Spoo’s just above momentum support @ 3797-3800. 3775 is the reversal # on the 100X3. Bitcoin is sitting on momentum. Further weakness in the Indices could see further liquidation. … Continue reading
Daily Market Intelligence 1-27-21
Spoo’s held half day momentum on last nights low. I still need sustained and closing price action above the target and last nights high of 3856.75. Soybeans and Wheat held weekly momentum Monday. That is the risk to be long.
Daily Market Intelligence 1-26-21
It’s a tech scrum in front of tomorrow’s earnings. BB & PLTR are trading @ stated initial targets from Friday. Respect the weekly gap fills. The game will be in FANG names with APPL making new ATH Spoo’s…3831.25 is first … Continue reading