Pro Tips

A.M. Look 8/3/18

Gold.. I have no reason to own it. 1205 can stall the fall. The qtrly chart shows mvg avg support around 1180. EURJPY is getting hung up @ it’s 50 DMA. This is stalling the Euro selloff. Today is typically … Continue reading →

Daily Market Intelligence 8/3/18

Daily Market Intelligence 8-3-18

Midday Missive

Nasd 100 is putting in an ORH pattern led first by AAPL and now AMZN MSFT, SMH &  SHOP are notable preformers. FB is up although lagging. This should test 181 at some point. EP/ENQ…Spu/Nasd shows Nasd has regained leadership … Continue reading →

A.M. Look 8/2/18

Bank of England raised rates. Dollar is stronger across the board. Euro has a pattern which could follow through to the downside Nasd 100 is putting in a flag on the long-term P&F. Indices are into bounce zones. HON…I’ll be … Continue reading →

Daily Market Intelligence 8/2/18

Daily Market Intelligence 8-2-18

Midday Missive

Spu/Bonds have negated the reversal pattern from Friday CELG, SCHW & OLED stand out. All Risk on going into London’s close. SQ is being bought going into earnings after the close. Time Frame trading! Things can change after the FOMC. … Continue reading →

A.M. Look 8/1/18

Oil.. the long-term P&F takes three full dollars to turn direction. The break from 70.40 shows that this will be key closing resistance going forward. EIA inventories @ 9:30 CDT BIDU…missed earnings, making new lows for the past several months. … Continue reading →

Daily Market Intelligence 8/1/18

Daily Market Intelligence 8-1-18

A.M. Look 7/31/18

Euro is attempting to turn higher. I’m not going to read too much into it going  into Month end. Nasd 100 held its 50 DMA Spu/Nasd..Globex session is into weekly mvg avg resistance. Let the day set up and see … Continue reading →

Daily Market Intelligence 7/31/18

Daily Market Intelligence 7-31-18