Pro Tips

A.M. Look 9/21/21

Yesterday’s Spoo low is confirmed on the 100X3. It will take all new weakness under yesterday’s low to break anywhere. The first assault on the Friday-Monday Pit breakdown gap has so far failed. The probe was close to the .618 … Continue reading

Daily Market Intelligence 9/21/21

Daily Market Intelligence 9:21:21

A.M. Look 9/17/21

Spoo 240 Minute charts show that yesterday was a dating game. Russell 200 DMA is 2200.55 This is still a one-day time-frame at a time board. Use trailing stops. Gold’s breakdown against Platinum seems to have ebbed with the spread … Continue reading

A.M. Look 9/15/21

It’s all energy going into inventories today. Natty has a general resistance area ranging from 5.51-58 with higher targets. It’s Wednesday!! Many will be shutting down early for the Holiday. Will yesterday’s low in Russell @ its 200 DMA put … Continue reading

Daily Market Intelligence 9/15/21

Daily Market Intelligence 9:15:21

Daily Market Intelligence 9/14/21

Sept Grains expire. Canadian Dollar expiry Oil needs to sustain for an upside breakout. Natgas had a big upside day which would not be something I’d chase. I have room for 5.50 but I would not recommend the chase. Spoo…simply … Continue reading

A.M. Look 9/13/21

This week will be more about the art of trading. September Spoo will need a 4487.50 print to confirm Fridays low. 4492.75 ish is cloud resistance on the 25X3 pnf The spread is running app 9.5 points. All the charts … Continue reading

Daily Market Intelligence 9/13/21

Daily Market Intelligence 9:13:21

A.M. 9/9/21

Spoo stopped in no particular place other than into mvg average support. Same for Nasd. Dow Futures held its 50 DMA, which I find more compelling for risk management. Gold is gaining on Platinum. Maybe a sign of weakening industrial … Continue reading

Daily Market Intelligence 9/9/21

Cliff notes tonight. I do not like the market sentiment, meaning there has been too much negativity over the weekend in the press. Investors are stepping back. Next week will set in motion many instruments. Keep your powder dry. The … Continue reading