Pro Tips

Daily Market Intelligence 7/11/18

Posted on 07/10/2018

Daily Market Intelligence 7-11-18

A.M. Look 7/10/18

Posted on 07/10/2018

Soybeans…need to hold last night’s low. It will take a close above 8.77 (X) November to confirm the retest low. Nasd 100…The Long-term 100X3 Point & Figure shows that traders should exercise caution chasing initial strength. Amazon is running the … Continue reading →

Daily Market Intelligence 7/10/18

Posted on 07/09/2018

Daily Market Intelligence 7-10-18

A.M. Look 7/9/18

Posted on 07/09/2018

Nasd 100 has initial room to 7284 Spu’s resistance starts @ 2776 and runs into 2784 Russell initial swing count is into 1719. FEYE received an upgrade today with a price target of 20. Pay attention for gap fills into … Continue reading →

Daily Market Intelligence 7/9/18

Posted on 07/08/2018

Daily Market Intelligence 7-9-18

Midday Missive

Posted on 07/06/2018

Tech…FB,NFLX,NTES are leading. Healthcare is good, look for higher. SX..Nov Beans has a bottoming pattern. Buy a retest into 8.67 with a tight stop to see if the pattern is real. I’ve no interest in the short side of the … Continue reading →

A.M. look 7/6/18

Posted on 07/06/2018

Spu’s…have traded to the top of the recent range. Oil…breaks down under 72.20. Risk spreads have traded into resistance. I’m watching until I can discern clear direction out of this recent range.

Daily Market Intelligence 7/6/18

Posted on 07/05/2018

Daily Market Intelligence 7-6-18

Midday Missive

Posted on 07/05/2018

Indices have rejected the upper end of the current trading range. The Russell is particularly vulnerable as all the Long Russell/Short Spu trades from Tuesday are unwound. Bears will treat today’s early highs as their Risk levels to be short. … Continue reading →

A.M. Look 7/5/18

Posted on 07/05/2018

The previous two weeks saw mid-week highs followed by lower retests. Now we have a Globex mid-week low which suggests bottoming. Spu’s…Point & Figure still shows a range. I’m wary of chasing strength. Russell 2000 futures is trading at a … Continue reading →