Monthly Archives: September 2021
Daily Market Intelligence 10/1/21
Daily Market Intelligence 10:1:21
A.M. Look 9/30/21
Index traders should get a couple of wiggles today depending on time of day. The only thing that matters today is the close. Yen Futures show sell stops @ 89.20. You’ll need to see sustained and closing price action below … Continue reading
Daily Market Intelligence 9/30/21
Qtr end. I’m only concerned about the close. Nothing else matters. Will the indices hold the monthly ORL’s? Will the Indices hold and then violate Friday? I’ll let the market tell me what to do. There is a WASDE report … Continue reading
A.M. Look 9/27/21
Spoo’s have filled their rollover gap in the overnight session, not in the pit. Nasd does not like the long end creeping higher. Russell is the clean trade honoring its levels. The short end of the curve is in play … Continue reading
A.M. Look 9/29/21
30 Yr. Bond…160.00 will be pivotal all day as it matches up with the 200 DMA in Yield. The next two sessions will revolve around risk appetite going into the 4th qtr. The end of last qtr we saw atypical … Continue reading
Daily Market Intelligence 9/29/21
Daily Market Intelligence 9:29:21
A.M. Look 9/28/21
Oil & Natty continue to trade well. They are trading off their own fundamentals and independently from the rest of the board. The rest of the board is a slave to the 30 Yr. The flight out of Bonds started … Continue reading
Daily Market Intelligence 9/28/21
Energy, Chips, Financials and reopening names were in play. KRE is attempting an ORH month. So are some of the names. Copper miners played out well from Friday. FXI & KWEB put in ORH days. Watching for follow through since … Continue reading
Daily Market Intelligence 9/27/21
Daily Market Intelligence 9:27:21
A.M. Look 9/23/21
Gap trading Spoo Pit…4406-4411.50 E-Mini rollover gap 4418-4459 Nasd Pit….15,227-15,276.25 Nasd Mini’s rollover gap 15,338.25-15,474 The clouds on the 25X3 Point & Figures look different on the daily vs active daily Resistance will be at the bottom of a gap … Continue reading