Pro Tips

A.M. Look 4/21/20

Indices are coming into cautionary levels on the Point & Figures. Levels that can bounce or will take a little time to work through. Spoos …we’ve gapped a gap which is not Bullish. 2797.75 is the low risk sell level. … Continue reading

Daily Market Intelligence 4/21/20

Daily Market Intelligence 4-21-20

A.M. Look 4/20/20

Spoo’s are coming into the top of the Gap 2821-2797.75. This is a must hold level. Point & Figures are at a crossroad. Oil…I spoke to this last week. June Oil is trading @ a 10 dollar premium to May, … Continue reading

Daily Market Intelligence 4/20/20

Daily Market Intelligence 4-20-20

A.M. Look 4/17/20

It’s not often that you see the Globex Risk spreads gap! The spreads are back to the first week of March levels. Plain and simple you cannot buy Index strength without taking a tremendous amount of heat. This would be … Continue reading

Daily Market Intelligence 4/17/20

Daily Market Intelligence 4-17-20

A.M. Look 4/16/20

Italian 10’s have rallied to momentum resistance. Bono’s are putting in an ORH @ the bottom of a down move ( Bullish) Watching both as a demand indicator for Gold upside. Indices…still treating yesterday’s and last night’s lower retest as … Continue reading

Daily Market Intelligence 4/16/20

Daily Market Intelligence 4-16-20

Midday Missive

AAPL..by holding its 50 DMA and AMZN are single handedly holding up the Indices. Daily ORL sell stops were elected in the Spoo’s and Mini Dow. Semi’s look good as a group. SHOP & NFLX  are moving on their own. … Continue reading

A.M. Look 4/15/20

Mid-Week Shuffle If this Bull phase is to remain intact the most likely scenario is a tradable low today into tomorrow. Nasd 100 game the pause that refreshes last night. Spoo’s rejected Langer’s target level which matched up with a … Continue reading