Pro Tips

A.M. Look 7/21/21

Wednesday Rules apply. 30 yr. Yield and the Futures match up for a descent inflection level @ 1.916 in Yield Spoo’s will require a 4318.75 print to show any weakness. We’ve had a big index rally yet the spreads are … Continue reading

Daily Market Intelligence 7/21/21

Daily Market Intelligence 7:21:21

A.M. Look 7/20/21

Grains came back last night. Gold is going in crypto as well as in FX terms. GoldinEuro needs to break above daily cloud resistance. Gold/YM hit daily could resistance @ its 50 DMA. On a relative basis its holding up. … Continue reading

A.M. Look 7/19/21

Spoo is back @ the old target. Price action here will determine how it will move. I’m looking for the 4220’s before this sell off is over. Dollar is bid and that money is going into Treasuries ( 30 Yr.) … Continue reading

Daily Market Intelligence 7/19/21

Daily Market Intelligence 7:19:21

A.M. Look 7/16/21

Spoo’s and Nasd are trading unchanged on the week. I have no interest in figuring out the Options machinations for today and how that will reflect on price in the Indices. Grains are in Play; A lot of smart people … Continue reading

Daily Market Intelligence 7/16/21

Daily Market Intelligence 7:16:21

A.M. Look 7/15/21

Mid week shuffle!!!! The game is afoot across many assets. Spoo…looking for a 4337.50 print for a reversal on the 50X3 25X3 shows that 4350 is not the place to initiate a short. Let the market do the work. 30 … Continue reading

Daily Market Intelligence 7/15/21

The brain trust was busy early before the bell discussing Gold, inflation and the Indices. We look forward to Richard’s interview with Boockvar & Yra. We witnessed a stop run in the Spoo telegraphed by the 240 Minute Spoo/Bond chart. … Continue reading

A.M. Look 7/14/21

Spoo…shows a double bottom @ 4350. It will take all new weakness below to break.AMZN…3697-02 will be pivotal al day.Gold will need to sustain over 1825 mvg avg resistance to go anywhere. Gold/Yen is @ resistance.Gold has the beginnings of … Continue reading