Pro Tips

Daily Market Intelligence 6/3/21

Daily Market Intelligence 6:3:21

A.M. look 6/2/21

All is quiet. Crypto has a bid against precious metals. FX..Yen remains weak and weak on the crosses. DAX…I can generate higher targets but I would prefer to wait until the end of the qtr. Keep using 15,500 as a … Continue reading

Daily Market Intelligence 6/2/21

It’s summertime and we’re seeing markets slow down as investors choose outside vs. the screen. Unless I see something compelling I’ll use the short form. Things should pick up later in the week into next. Brazil and Mexico look great. … Continue reading

A.M. Look 6/1/21

I awoke to editorial rubbish from Bloomberg opinion writer John Authers. Spoo/Bond doesn’t work! Maybe I should send him my Adam Johnson interview? I guess I can safely take him off my reading list. 30 yr. Yield will take above … Continue reading

Daily Market Intelligence 5/28/21

Cliff notes again tonight. Month end tomorrow! Nothing matters but the closes. Yen crosses were in play driven by Olympic cancellation news. Russell gained against big cap tech and Spoo. Gold/Silver retreated to it’s 50 DMA Gold would require an … Continue reading

A.M. Look 5/27/21

Pounds have a positive pattern, however GBP/JPY will need to sustain above 154.90, oscillator resistance, to confirm. Spoos…4175-79 is the level needed to penetrate for downside. 4175 is the reversal # on the 50X3. Spoo/Bond had room yesterday to the … Continue reading

Daily Market Intelligence 5/27/21

Short Form tonight. More rotation. Spoo stuck in a 20 point range. Copper miners are trying to bottom. Angelo picked up on MP which was great scoop right after the opening. Yra commented on my technical post in response to … Continue reading

A.M. Look 5/26/21

Mid-Week Shuffle – Full Moon Trading May Metals expiration Gold is rolling to (Q) August. Volume in June still has the edge with August having more open interest. .618 for this past swing is in the high 1920’s, depending on … Continue reading

Daily Market Intelligence 5/26/21

Daily Market Intelligence 5:26:21

A.M. Look 5/25/21

Spoo…firm above 4191.75 Euro…123.48 is the next big mag avg #. 50 Qtr MA and the bottom of the qtly cloud. 30 Yr Yield…the cloud tells me not to expect much until the second week of June when we get … Continue reading