Daily Market Intelligence 4:1:22
Bunds up-U.S. Bond down=Euro off Biden planning to release 1 million barrels a month. The close is the only thing that counts.
Nasd hit its swing count target. Gold, GoldinEuro, GoldinYuan all hit their 50 DMA @ the same time. Watching into the new qtr to se if the mvg averge provides a tradable low. Wheat put in an interesting fib off … Continue reading
Interest rate differentials have been driving FX. Euro 111.50 is going to be a big inflection level going forward Pay attention to the U.S. ten yr. vs. Bund for clues. 30 Yr. in a 4 point consolidation. 150.12 is the … Continue reading
Natgas & Metals expire There is absolutely nothing that says bearish Equities. Nasd/Bond closed 2021 @ 10209. I would expect the spread to be marked higher on the year going into Thursday Qtr end. We spent time analyzing the Yen … Continue reading
It’s risk on world led by rising rates in Europe, which has given a bids to the Euro. Spreads are on a mission into Thursday Qtr End. Live Podcast on YouTube – Zoltan Pozsar and Yra Harris Tues Mar 29 … Continue reading
Yen..interest rate differentials 101. 125 USDJPY is a big level from the way back machine. Fibs show the 140 level however 132-134 will be monster. It is an event level. This is the place all the masters of the universe … Continue reading
Daily Market Intelligence 3:28:22
GoldinYen put in a new ATH last night and backed off. This is cautionary for Gold traders. Newmont Mining….81.88 is the 1894 ATH. Traders started paring profits in front of the level yesterday. It will take sustained and closing price … Continue reading
Was yesterday just a Wednesday Mid-Week Shuffle? It will take into tomorrow to see if the negative patterns from yesterday were just another one day event. The room will be closing early today for the matrix Class @ 2 CDT … Continue reading