Daily Market Intelligence 12-1-21
European interest rate futures are @ resistance. U.S. 30 yr. Yield, @ its 400 DMA, looks vulnerable to lower yields. Lower yields has the world running for cover in big cap tech and chips. Oil…67.05 is the 50 week which … Continue reading
Month end. Semi’s and Big cap tech lead. Spoo’s will need a 4675 print to confirm Friday’s low, which should just about line up with Spoo/Bond weekly ORL retest.
Rollover has started! FEB (G) Gold is not front month. Interest rate Futures (H) March. Yield charts will be the cleanest look for the next few weeks. Be very aware of the spreads and the default selection for risk spreads or … Continue reading
2 weeks ago Langer and I went over the low risk buy zone from 4622- into the 4590’s. Spoo/Bonds hit the weekly channel line for the entire covid rally. Nasd/Bonds have elected the weekly ORL sell stops and have so … Continue reading
When do Fibs matter? On a 2 decade swing with short term oversold condition into the intrinsic .618 on a Bloody Wednesday! Euro & Aussie are doing the same swing!!! No 5 second 5 minute charts here! These are quarterly … Continue reading
Daily Market Intelligence 11-24-21
Spoo filled out its 50X3 but has yet to give up a reversal print in the 100X3 Bonds are weak with the yield just poking up into the daily cloud, Oil…needs to find footing above 74.45 or risk running long … Continue reading
Daily Market Intelligence 11-23-21
Gold finally put in a reversal on the 100X3. This needs to gestate before considering another long. GoldinEuro needs to at least catch up to the purple momentum line. Time correction or just a correction? Either way it will be … Continue reading