Pro Tips

A.M. Look 1/17/18

Euro…is getting messy. 122 will be support and the downside pivot. It needs to hold right here and turn back up to maintain trend. EUR/GBP…is showing a reversal pattern, however its into congestion, similar to the Equity ETF’s late yesterday. … Continue reading →

Daily Market Intelligence 1/17/18

Daily Market Intelligence 1-17-18

The Late Show

The Industrial s XLI have been in profit taking mode all A.M. KBE …Regional Banks ETF breaks down under 50. The Medium term Spu P&F has put in a reversal lower. Both the Nasd 100 & Spu long term have … Continue reading →

Midday Missive

Natgas infrastructure names were bought early. LNG,CXO,CBI & APC trade well. Nothing is worth chasing. Spu’s are into back and fill mode now that everyone is all in. MRK…64 is resistance

A.M. Look 1/16/18

We have weekly breakaway gaps in the equity Indices to contend with. Initial Support will be at Friday’s closes. The Spu’s have achieved their upside price target projected @ the end of the 3rd qtr 2017. FANG, China Tech and … Continue reading →

Daily Market Intelligence 1/16/18

Daily Market Intelligence 1-16-18

Daily Market Intelligence 1/12/18

Daily Market Intelligence 1-12-18

Midday Missive

Crude high is important! The Energy names are in their own world. Anadarko (APC) is my favorite in the space up 4% and going from the opening. TRGA is showing a possible ORH week. SQ..Square should trade 44.50. Momentum is … Continue reading →

A.M. Look 1/11/18

Indices are holding with the Spu medium-term Point & Figure trying to turn up once again. Last nights Notes from the Underground will have me eyeballing KSU for bottoming action. The pre-market is currently too wide for a good read. … Continue reading →

Daily Market Intelligence 1/11/18

Daily Market Intelligence 1-11-18