Pro Tips

Daily Market Intelligence 5/17/22

Daily Market Intelligence 5:17:22

A.M. Look 5/16/22

Full Moon Trading and the worlds is howling about food supply. India banned wheat export. Wheat gapped up to lock limit up. Gold…1770 is the retest of the original down channel. This will take a while to set up again. … Continue reading →

Daily Market Intelligence 5/16/22

The Index technical model is trying to change from down to back up. This will take a couple of weeks to play out. I spent a lot of time discussing how the models work late Wednesday and again Thursday morning. … Continue reading →

A.M. Look 5/13/22

I have no interest in picking a high today. The mid-week price action is that of a market trying to find footing, albeit a lagging indicator, it will take into mid-week next to play out. Expecting a two way trade … Continue reading →

Daily Market Intelligence 5/13/22

Still looking for the macro sell stops in Euro be be hit below 103.41 Eur/Yen has come down far enough on both the short and long term charts. Indices are sell the big rally. Berkshire A looks to be the … Continue reading →

A.M. Look 5/12/22

30 yr. Bonds…140.24 is the weekly ORH # and the near term point of control. Bund confirms. Yen crosses play catch up with the other majors losing ground to the already fallen Yen. Dow is holding up better than the … Continue reading →

Daily Market Intelligence 5/12/22

Spoo/Bond went back to their normal correlation. Higher Bond futures should hit the Banks. It’s Wednesday and since we closed on the Index lows I thought it prudent to not take a contra trend trade. The Spoo’s and Russell were close … Continue reading →

A.M. Look 5/11/22

Energy priced in Yuan held for another sizable rebound. Oil can run out of steam either side of 105, depending on Chart.Spoos have come back to yesterday opening. Volatility should remain high. Be patient for your opportunities today and be … Continue reading →

Daily Market Intelligence 5/11/22

Wednesday Rules. Crude and Gold denominated in Yuan are both at critical must hold levels. Violations tonight into tomorrow could see the unwinding of more Commodity Yuan based trades. Gold needs to holding the mid 1820’s or it will retest its … Continue reading →

A.M. Look 5/10/22

Bonds followed through to the upside with European debt instruments leading the rebound. Follow the methodology. Yesterday I keyed off the green balance line on the Monthly & Qtrly Russell as support. Other big cap names are doing the same … Continue reading →