Pro Tips

A.M. Look 5/24/22

Spoo will revolve around the matrix level. 3900 print is needed for a reversal on the 100X3 with 3895 first cloud support.Euro & Gold are very close to resistance. Euro… the down channel its been following since 123.00 Jan 2021 … Continue reading →

Daily Market Intelligence 5/24/22

Energy seems to be one of the better plays. Natty should trend higher with summer heat and European friends looking to top off reserves for next winter. Spoo’s can stop right in here or go another 50 points. I’ll look … Continue reading →

A.M. Look 5/23/22

Larry Summers has been pushing a relaxation of China tariffs as a way to reduce inflation. Apparently it got the attention of the administration.Last night’s highs in the Indices sem ok for an initial price rejection. I’m not interested in … Continue reading →

A.M. Look 5/20/22

China eases and Toyota says it would be happy with the Yen between 116-122. Spoo’s require a 3950 print for a a reversal on the 100X3. 50X3 has room for a move to 3975. Russell low was the 2018 high … Continue reading →

Daily Market Intelligence 5/20/22

Spoo attempted 5- 50 point rallies today and settled below the Matrix. Looking for lower. Spoo need to run the stops below last years low before you can bottom fish. Dollar broke off Yellen comments last night. I’ll be watching … Continue reading →

A.M. Look 5/19/22

This is the same price action is last Thursday! Pit Index gap lower. Possible double bottom spoo. 141.17 is big in the 30 Yr!!! Watch for reaction off spread!

Daily Market Intelligence 5/19/22

Daily Market Intelligence 5:19:22

A.M. Look 5/18/22

I’ve been starring at the screen trying to some something to say something. For now the Spoo’s missed putting a reversal by 1 tick and the 30 Yr. by 2. Euro requires a 104.75 print to confirm yesterdays high. Don’t … Continue reading →

Daily Market Intelligence 5/18/22

Waiting for the price action tomorrow. Looking for a mid-week high in the Indices. We’ll pay attention to the long end of the curve for further tightening. Lockheed and Utilities are worth a look. Lockheed will need to ramp up … Continue reading →

A.M. Look 5/17/22

Nasd needs all new strength over last nights high. Gold is into its 200 DMA. It held its own against FX and shows room against treasuries. No trade location. Euro rallied higher than expected to the Matrix # and old … Continue reading →