Pro Tips

Midday Missive

Chips are holding up the market. The Micron upgrade lifted all boats early. Industrial s & Transports trade heavy VXX…40.49 is the 200 DMA. Look to match up a short-term low in the Indices with this VXX level the first … Continue reading →

A.M. Look 3/12/18

I’m looking for a back and fill to Friday’s high in the Indices. SPH..2785.50…2779 print would be needed to relieve upside pressure and put in a reversal on the medium term P&F. NDH…7103.75 was the weekly close. Let the U.S. … Continue reading →

Daily Market Intelligence 3/12/18

Daily Market Intelligence 3-12-18

Midday Missive

VXX…40.57 is today’s 200 DMA. As long as we’re below that all the plungers will have an unhappy experience. Not interested in picking highs..if a name reaches your target level exit. You might get another entry later in the day … Continue reading →

A.M. Look 3/9/18

Volume in the March Equity Indices is slightly higher than the June contract. My levels are March through Tuesday. June Spu trades @ app 5 point premium to March June Nasd 100 trades @ app 26 point premium to March … Continue reading →

Daily Market Intelligence 3/9/17

Daily Market Intelligence 3-9-18

Midday Missive

We’re into roll with forwards in the currencies and the Equity Indices. June Nasd 100 is app +27 points over March. June is picking up the old continuation # of 7000 March Nasd 100. Both contracts will need above that … Continue reading →

A.M. Look 3/8/17

Waiting on the ECB. Below is the Active daily Continuation chart for Bunds. You can clearly see the rollover gap on this look. Spu 50 DMA is 2739.63

Daily Market Intelligence 3/8/18

Daily Market Intelligence 3-8-18

The Late Show

For all you Hamstah’s…there is little trade location here for anything. The medium-term P&F shows a trip to the low 2690’s would just fill out the Point & Figure. Time to walk away until very late if you’re still clicking … Continue reading →