Pro Tips

A.M. Look 5/20/20

Indices are @ closing resistance. Don’t over trade the level. Swiss Franc Futures appears to have broken out above its mvg averages. USDCHF sets up differently on the daily. Weekly shows a potential breakout pattern, however these patterns have failed … Continue reading

Daily Market Intelligence 5/20/20

Daily Market Intelligence 5-20-20

A.M. Look 5/19/20

Euro…hit the bottom of the cloud  resistance, It will take sustained and closing price action above its 200 DMA @ 110.16 to develop into a bigger move. Bitcoin has a positive formation for higher. This instrument has to prove itself … Continue reading

Daily Market Intelligence 5/19/20

Daily Market Intelligence 5-19-20

Midday Missive

ACB…The Room locked in money @ 19.40 Powered by SNB buying Indices are coming into target areas as London closes. Algos sold Miners for Risk assets. Newmont is emblematic of the flow. Could be a break to nowhere. Disney call … Continue reading

A.M. Look 5/18/20

Let’s just take a second to comment on the delusional 60 Minutes interview from Chairman Powell; “The time to balance budgets is in time on high employment and economic prosperity” “Yes I watch the markets” “Now is not the time … Continue reading

Daily Market Intelligence 5/18/20

Daily Market Intelligence 5-18-20

A.M. Look 5/15/20

Silver was the instrument that I let slip through the cracks. 16.95 is its 200 DMA. It’s currently trading @ a significant level for a myriad of reasons. Indices went to the levels spoke about late day and rejected. Spoo’s … Continue reading

Daily Market Intelligence 5/15/20

Daily Market Intelligence 5-15-20

A.M. Look 5/14/20

Euro & Suisse are weak with U.S. Treasuries being the recipient of those Dollars. Gold keeps butting up against Point & Figure resistance and stopping. GoldinEuros is still the ticket. Bloomberg commodity Index is falling out of bed again with … Continue reading