Monthly Archives: April 2022
Daily Market Intelligence 5/2/22
We’re experiencing a weekly closing matrix breakdown in Russell & Spoo. Nasd has yet to confirm the next swing lower. Spoo selloff shows a possible bounce level just above 4100 on the 100X3. There is currently two primary Fib swings … Continue reading
A.M. Look 4/29/22
Month end. Amazon elected the sell stops of the past two years. Support starts around 2500. Apple is trading around its 200 DMA. Spoo will need a 4225 print to rollover again. Nasd..13,500 is now closing resistance. Yra asked the … Continue reading
Daily Market Intelligence 4/29/22
Volatility is definitely up. I was surprised the Indices retraced their entire range for the week in 5 hours and then gave it up. Discipline is your friend. You can make money from both sides of the market but you … Continue reading
A.M. Look 4/28/22
BOJ says easy does it. Yen closing in on 1998 Intervention level. Indices have filled out their long term Point & Figures to the upside. Do Not buy strength!!!!!!!! Currently Spoo & Nasd are trading above yesterday’s Pit high. It’s … Continue reading
Daily Market Intelligence 4/28/22
Earnings have provided some trading opportunities. I’m in sell the big rally mode. Tomorrow’s after market earnings should be the last hurrah for a sustainable rally to unfold. Facebook resistance is 203.
A.M. Look 4/27/22
Looking for a mid-week shuffle high. I had a long conversation about the Dollar with Andrew late day. Our targets are much higher. Spoo…4220 ish seems to be the initial top of value. 4225 is the reversal # on … Continue reading
Daily Market Intelligence 4/27/22
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A.M. Look 4/26/22
The game is after earnings gets sorted through. Today and Thursday are the final catalyst days for upside. Twenty Yr. Bonds are confirming an intermediate low in Bonds.
Daily Market Intelligence 4/26/22
Spoo target was hit within a couple of handles just after London’s close. That completes the first lower swing I highlighted in the FRA Podcast.The world of big cap reporting tech bounced off their respective 400 or 200 DMA at the … Continue reading
A.M. Look 4/25/22
Spoo…4224 is the semi-annual ORL that starts matching up with other work. Blowoff patterns are into initial support or take profit levels in pretty much everything. Copper is into its 200 DMA. Yen/Yuan low matches up!! Twenty yr. Futures attempting … Continue reading