Pro Tips

A.M. Look 10/18/18

Oil… (X) Futures expire Monday. December will become front month. The Long-Term Point & Figure, which needs over 3 dollars to reverse, is getting into a level that can trap shorts. Spu’s…2800 is the initial 50 yard line today. As … Continue reading

Daily Market Intelligence 10/18/18

Daily Market Intelligence 10-18-18

Midday Missive

Looking for the Spu’s to print into the high 2770’s to complete a reversal on the 50X3. Spu is into a descent support level. It will take into the U.S. afternoon session to find footing. Time Frame Trading

A.M. Look 10/17/18

Spu’s & Spu/Bonds completed a 50% retrace of this present move. Spu’s would need a 2801 print to relieve the P&F and put in a consolidation reversal Nasd 100 & Nasd/Bonds squeezed just over the 50% level. Oil…shows a pit gap … Continue reading

Daily Market Intelligence 10/17/18

Daily Market Intelligence 10-17-18

A.M. Look 10/16/18

Indices are range bound. Pot stocks..Oops..exited a little early. Russell & Midcap are trying to find a bottom. Nasd 100 low was its 200 DMA again last night. Patiently watching the show for opportunity

Daily Market Intelligence 10/16/18

Daily Market Intelligence 10-16-18

Midday Missive

bought a few 173 QQQ Calls for Friday @ 2.02 using a 1.76 intra day stop. That’s my ode to bottom fishing the Indices against the 200 DMA in Nasdaq NBEV..I am working an OCO sell order I’ve raised my … Continue reading

A.M. Look 10/15/18

German elections ( weakening Merkel’s grip on power) coupled with the Saudi drama are capping the Spu below its 200 DMA. Spu’s are caught between 2747 ish n the downside and 2780 on the upside. Europe has stabilized with the … Continue reading

Daily Market Intelligence 10/15/18

Daily Market Intelligence 10-15-18