Pro Tips

Daily Market Intelligence 4/4/18

Daily Market Intelligence 4-4-18

Midday Missive

Spu’s have filled out the short and longer-term P&F. This is one of those zones that can reject. Looking for another failed rally. Nasd 100..6385 unchanged on the year. 6277 200 DMA           Spu 50X3 Spu … Continue reading →

A.M. Look 4/3/18

Spu’s need to sustain above their 200 DMA @ 2589 to attract new longs. If this unfolds a rally back into yesterday’s opening range in the 2630’s is possible before price rejection. The downside is as stated in last night’s … Continue reading →

Daily Market Intelligence 4/3/18

Daily Market Intelligence 4-3-18

The Late Show

Hey Bubba ..Tweet me up. DJI,XLF, IWM MidCap et al. are @ their 200 DMA’s. IYT just above. XLU..ORl day. Spu…gap  2517.70-80 is the next gap. The Spu/Bond spread hits it 200 DMA closer to 2500 Futures Spu’s… DJI…

A.M. Look 4/2/18

AMAZON will be in the forefront today as weekend tweets have U.S. Indices trading lower. 1406 was Friday’s opening range with 1384 cloud support. Resistance is 1472-82. We’re trading within Friday’s ranges in most everything. It will take into New … Continue reading →

Daily Market Intelligence 4/2/18

Daily Market Intelligence 4-2-18

A.M. Look 3/29/18

The only thing that interests me today are the closes. Spu’s are consolidating. I would not get excited about chasing direction in a thin market today. I wish everyone a safe and Happy Holiday!

Daily Market Intelligence 3/29/18

Daily Market Intelligence 3-29-18    

Midday Missive

Spu..50X3 needs to see the stops run below 2586  200 DMA to confirm lower. GOOGL…1024 its 200 DMA has been capping rallies in everything. Instruments are trading oversold, beware of selling weakness. Square..has retraces to its 50 DMA. I’m not … Continue reading →