Pro Tips

A.M. Look 7/26/22

Most of the board is in a spot where it’s a do not touch without some further price action. 30 Yr. Bond yield; 2.96 should be pivotal. Natty has quietly doubled this month. Grains; depends upon which contract and what … Continue reading

A.M. Look 7/25/22

Looking for a busy week with eyes on Wednesday. Spreads are positive early. 30 Yr. yield shows no trade location.

Daily Market Intelligence 7/22/22

Daily Market Intelligence 7/22/22

A.M. Look 7/22/22

Indices are not the feature, it’s all about the Bonds on both sides of the pond. We’re back to central banks with no control. Spoo still has an unfilled gap from yesterday’s high to 4014.75. Oil failed to fill its … Continue reading

Daily Market Intelligence 7/21/22

Monthly Gann day with ECB in the A.M. Today the Bund peripheral spreads blew out. I’m interested to see how the Q&A plays out. Expect FX volatility driven by interest rate expectation. Spoo failed at the hourly oscillator all day, … Continue reading

A.M. Look 7/21/22

Ciao’ Mario Oil; expect the gap to be traded. Spoo; 3957.50 is the reversal # on the 50X3 3922-10 is the support zone. Good above/negative below. Gold wet the bed with rising Yields in Europe. EuroinGold is at a critical … Continue reading

Daily Market Intelligence 7/20/22

Netflix will run the post 3 P.M. CDT trade. Indices have higher targets. Nasd seems on a mission for the next matrix #. Spoo…3982.50 is 1/2 the Pit gap. Oil inventories tomorrow with August expiration.

A.M. Look 7/20/22

Spoo leads with a foray into it’s Pit gap last night and a potential double top on thew 100X3 3920-10 will be pivotal the rest of the week. 50X3 confirms the level. Euro is winding up. It will take into … Continue reading

Daily Market Intelligence 7/19/22

Daily Market Intelligence 7/19/22

A.M. Look 7/19/22

Higher than expected rate rise ran dollar longs out in the European session. Euro is half way back for the month. I looked at the yield charts and I get get a good read. Bruce kindly cleaned up the Pit … Continue reading