Pro Tips

A.M. Look 11/6/17

Posted on 11/06/2017

EUR/GBP is correcting of its 50 DMA. I did nothing last night in the Euro. 30 Yr. Bond on a Daily Continuation is approaching its 50 DMA @ 154.08. This level will act as resistance until sustained above. I’m still … Continue reading →

Daily Market Intelligence 11/6/17

Posted on 11/05/2017

Daily Market Intelligence 11-6-17

Midday Missive

Posted on 11/03/2017

Full Moon Trading..it’s going to be stupid. Spu..25X3 Medium -Term Point & Figure..shows a double top @ last nights high. Price action under 2564 is needed to turn down.                     Nasd … Continue reading →

A.M. Look 11/3/17

Posted on 11/03/2017

Be patient and let the Payrolls data play out.

Daily Market Intelligence 11/3/17

Posted on 11/02/2017

Daily Market Intelligence 11-3-17

Midday Missive

Posted on 11/02/2017

More stock rotation! Three card Monte continues to be the game. Just a big grind waiting for another catalyst. Spu’s…P&F resistance on the short-term chart is 2576-77. Bears need not give it more than that. The FTSE chart below is … Continue reading →

A.M. Look 11/2/17

Posted on 11/02/2017

Spu’s would need a print in the low 2550’s for a reversal on the  medium-term Point & Figure. This is a typical mid-week shuffle. The Plungers are making the rounds. Yesterday it was Robert Prechter calling for a 1929 type … Continue reading →

Daily Market Intelligence 11/2/17

Posted on 11/01/2017

Daily Market Intelligence 11-2-17

The Late Show

Posted on 11/01/2017

Risk Spreads are breaking down with potential ORL’s. AAPL…166.94 is today’s ORL 30 Yr. Bonds printed their 200 DMA @ 153.07. Bonds have been running the capital flows all A.M. Sustained price action above the 200 DMA after FOMC will … Continue reading →

Midday Missive 11/1/17

Posted on 11/01/2017

152.19 is today’s ball game for the 30 Yr. Futures. This is today’s ORH level. Sustained and closing price action above this level after FOMC will destroy the Bond vigilantes. XLE…69.00 +- a couple of ticks is the 50WMA. Closing … Continue reading →