A.M. Look 11/8/23

Indices are into a grinding phase which make it lousy for traders that thrive on volatility and good for investors until it’s not.

It’s Wednesday and I’m focused on the upper gap and the matrix levels in the Spoo & Nasd.

Oil; I was surprised that you didn’t see at least an 80 cent rally off it’s 200 DMA yesterday matching targets and other work.

The 25X3 had one last night before heading into the .618 of the year.

I still favor buying this break into the yearly Fibs looking for a bounce around the inventory release.

Beans…either side of 14 is far enough for today.

Chicago traders; I have 6 -24 inch acer led flat screen monitors that will be available Sat for pickup.

If you’re a subscriber you can collect them. First come first served.

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