Pro Tips

Daily Market Intelligence 6/7/21

Posted on 06/05/2021

Daily Market Intelligence 6:7:21

A.M.. Look 6/4/21

Posted on 06/04/2021

Gold…last night’s low @ its 50 WMA is a descent hold #. 1873.20 is the weekly ORL # where Gold has been hovering around waiting for payrolls. Crypto is down which is generally supportive Gold. Copper is above its weekly … Continue reading →

Daily Market Intelligence 6/4/21

Posted on 06/03/2021

Daily Market Intelligence 6:4:21

A.M. Look 6/3/21

Posted on 06/03/2021

The selling started in London. DAX & FTSE have elected their daily ORL sell stops and are now into initial support. Spoo…short term averages come in from 4177-72. 4150 print is needed for a reversal on the 100X3, which would … Continue reading →

Daily Market Intelligence 6/3/21

Posted on 06/02/2021

Daily Market Intelligence 6:3:21

A.M. look 6/2/21

Posted on 06/02/2021

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

Posted on 06/01/2021

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

Posted on 06/01/2021

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

Posted on 05/27/2021

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

Posted on 05/27/2021

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 →