The half of life of contract 30 Yr Bond Futures bottomed with the Yen Futures @ 50% of life matching a 40 yr. Fib in the Euro and a double bottom in the Pounds! Not to keep belaboring this point, … Continue reading →

If there is nothing to say, say nothing. Spreading continued today with Dow names bought and Nasd sold. In the meantime the spreading is keeping the indices rangebound. I’ll look again in the A.M.

First; I have no desire to be short a quiet market. Secondly see very little in the relationship spreads to do anything, although Nasd/Russell shows its at aa level that can unwind the spread! Crude denominated in Yuan screwed everyone … Continue reading →

It’s a another Gann day with the board risk off. Looking at the Euro , Gold and Indices I would be suspect of early U.S. weakness. You’d expect this week to be slow given everyone trying to get out of … Continue reading →

Daily Market Intelligence 11/18/22

Spoo held the Matrix for another bounce. Current price is at the top of value on the 50X3 matching resistance in Spoo/Bond on the daily and the 240 min. 2 Yr. Notes show current closing resistance @ 4.536 Yesterday the … Continue reading →

The technicals in the Indices have not changed. XLU,Utilities0 keep rejecting their 400DMA Nikkei is trading @ the opening range of the life of contract. Tonight the key will be the European debt, which are all @ make or break … Continue reading →

Spoo/Bonds says it all. We’re currently a few ticks from the weekly ORL sell stops. The market will need to work through this area. This is a level that can be an initial Bear trap. Russell is losing against all … Continue reading →

Daily Market Intelligence 11/16/22

Spoo in 30 Yr. Yield looks heavy. Spoo/Bond is into some support. 3074 is todays 200 DMA. 3949.25 is daily Cloud support. Euro has retested higher. 30 yr. Yield is into weekly momentum support. 5 yr. Yield is @ the … Continue reading →