Monthly Archives: December 2023

Daily Market Intelligence 12/27/23

I have two long term Point & Figures with a double top. This is not the high! I’m looking for another 60 points in the Spoos and 200+ in the Nasd. Capital flow 101. The flow is up into year … Continue reading

A.M. Look 12/26/23

Full Moon Trading Crude is in play. Don’t expect much today with Europe out. Don’t sell a quiet market!

A.M. Look 12/22/23

Gold is breaking out against the indices and the Yuan. Suisse tes up better via the cash than it does the Futures/ 85 USDCHF will be problematic. Follow the long end of the curve today. Wishing everyone a safe and … Continue reading

A.M. Look 12/21/23

FEDEX has trade location off its 200 DMA. Dollar is weakening against the Euro, Aussie, Suisse & Yen. Yen is the tougher read when looking at the cash trading @ its 200 DMA vs the Futures which are over its … Continue reading

A.M. look 12/20/23

Yen & Aussie are holding. Spoo is trading @ the qtrly ORH. Nasd/Bonds show weakness. I would not read too much into that since it would take a 280 point break in Nasd 100 for a reversal from here. Bonds … Continue reading

Daily Market Intelligence 12/19/23

The board is Risk on. I’ve listened and read most of the 2024 upside targets and I will say that mine will be more reliable. They will be published the January first with the new Matrix Sheet. Spoo near term … Continue reading

A.M. Look 12/18/23

Quad witch turned out to be the slowest in years unless you were trading AVGO. A very big snooze fest with the Russell providing some opportunity. Swiss, Euro & Yen Futures have just over 100 ticks forwards. Bitcoin is coming … Continue reading

A.M. Look 12/14/23

Pit gap higher in the Indices and Bonds. Yield curves have followed through to the upside. 2/10 is at mvg avg resistance with the 5-30 low holding above cloud and fib support. Spoo..my first big target is another 400 Points … Continue reading

Daily Market Intelligence 12/13/23

The only index to fill its rollover gap was the Russell. We’re looking at a low vol board through the first of the year. Bulls are firmly in control until Friday with AVGO leading the board for the past 2 … Continue reading

A.M. Look 12/12/23

Indices are all (H) March. My point & Figures, which are active daily have all rolled to march and reflect the spreads. All Risk spreads reflect the forwards. Those that have taken the course should know exactly how to trade. … Continue reading