Pro Tips

Midday Missive

OIH….PSX SLB VLO HAL RIG ESV CENX…17.75 is the Golden Cross, above there is a lot more. Spu’s…25X3 is range bound. Focus on what’s in play OIH..should test 31.00 CENX…  

A.M. Look 5/17/18

Wheat is up into its first resistance zone. A trip to the farmers market here in Chicago revealed that plantings were over a week behind normal schedule. Lumber..is overbought on all time frames. That does not mean I’d consider fading … Continue reading →

Daily Market Intelligence 5/17/18

Daily Market Intelligence 5-17-18

A.M. Look 5/16/18

Italian 10 yr. debt is overnight story. Euro weakened. I took a look at the long-term P&F to add some color to the move. This shows Euro at a level that will take some work to get through. Let the … Continue reading →

Daily Market intelligence 5/16/18

Daily Market Intelligence 5-16-18

Midday Missive

Euro…retested it’s last low. Until i see a close below today’s low that should be it for a bit. Spu stopped at the top of the gap. I need a 2696 print to put in a reversal on the long-Term … Continue reading →

A.M. Look 5/15/18

The Dollar is going to be King for a while responding to interest rate differentials. Euro failed. Grains: Everyone keeps asking me about the Grains. Wheat is a low Risk buy closer to $4.80 Soybeans and Corn need sustained and … Continue reading →

Daily Market Intelligence 5/15/18

Daily Market Intelligence 5-15-18

A.M. Look 5/14/18

Nasd 100 is probing into it’s Pit gap and 6 day Island top from March. Buy breaks not rallies until we get a couple of closes over the high of the gap. DJI…needs a couple of closes above 24,900 to … Continue reading →

Daily Market Intelligence 5/14/18

Daily Market Intelligence 5-14-18