Lots of spreading. AMEX leading the Financials up 6.6% Possible two day Island top in AVGO & SMH. Be careful what you buy. Russell failed @ matrix. Nasd 100 requires a 17,400 print to rollover on the long term Point … Continue reading
I thought Tesla would have more effect on the Indices. Nikkei is trading on momentum. Spoo requires a 4887.50 print for a reversal on the 50X3 Nasd has yet to fill yesterday’s breakaway gap. Russell 1960-65 is initial support. Be … Continue reading
The Dollar cooperated yesterday into today with the Euro, Suisse & Peso giving the best views. The only thing that matters today are yesterday’s Pit highs in the Spoo & Nasd. This is where you’re looking for a retest hold.
Instruments have been trading with the Bonds. Bitcoin want s to elect the monthly sell stops.The fibs drawn are from the Oct low. That was the Yellen shift in funding to T-Bills that sparked a big risk on event. 30 … Continue reading
Tech earnings this week with a Full Moon Thursday. Spoos are up at an initial target area. 30 Yr. has room to print 121.12 Yield shows 4.276. Buy breaks not rallies. A break is 25-50 points/ not a few handles.
We’re seeing the opex rally which will make the market makers big bucks with all the puts set to expire worthless. Spoo’s have yet to breakout. Nasd…nothing but targets. Check the sheet.
Spoo & Nasd are trading @ near term resistance. Yesterday you saw a lag in European debt competing its entire downside swing going into London’s close and when that translated into an equity bid. 10 Yr. Yield is sitting on … Continue reading
Russell is the key to the day. Yesterday we said the low in the Indices would line up with the matrix in Russell. Oil has the potential to go to the bottom of the range after inventory #’s. Suisse followed … Continue reading
30 Yr. Bonds are trading on their 200-50 DMA cross. Dollar and Gold are following the treasuries. Spoo/Tua is into support. Nasd will require a 16,700 print to rollover.
Oil & Gold have put in reversals to the upside and are now into resistance. Spoo & Nasd are currently losing steam at unchanged on the year. There is no new signal to do anything. Spoo will need to sustain … Continue reading