The room got short and covered into the low 3920’s. We had a terrific conversation for the first three hours revolving around trade location, trading style and blending the thematic with the here and now. Brian and Robert went over … Continue reading →

MFST has rallied back to its mid point of the past couple of months. Nowhere in particular. Nasd will need a 12,400 print for signs of bottoming. Spoo & Euro bounced off their matrix levels. Same game. Expect some back … Continue reading →

Room members traded Spots from both making app 20 points either way. Industrials, Utilities and Energy were bought against tech. Tomorrow after the close will start off the weeks festivities.

Most of the board is in a spot where it’s a do not touch without some further price action. 30 Yr. Bond yield; 2.96 should be pivotal. Natty has quietly doubled this month. Grains; depends upon which contract and what … Continue reading →

Looking for a busy week with eyes on Wednesday. Spreads are positive early. 30 Yr. yield shows no trade location.

Daily Market Intelligence 7/22/22

Indices are not the feature, it’s all about the Bonds on both sides of the pond. We’re back to central banks with no control. Spoo still has an unfilled gap from yesterday’s high to 4014.75. Oil failed to fill its … Continue reading →

Monthly Gann day with ECB in the A.M. Today the Bund peripheral spreads blew out. I’m interested to see how the Q&A plays out. Expect FX volatility driven by interest rate expectation. Spoo failed at the hourly oscillator all day, … Continue reading →

Ciao’ Mario Oil; expect the gap to be traded. Spoo; 3957.50 is the reversal # on the 50X3 3922-10 is the support zone. Good above/negative below. Gold wet the bed with rising Yields in Europe. EuroinGold is at a critical … Continue reading →

Netflix will run the post 3 P.M. CDT trade. Indices have higher targets. Nasd seems on a mission for the next matrix #. Spoo…3982.50 is 1/2 the Pit gap. Oil inventories tomorrow with August expiration.