Pro Tips

Daily Market Intelligence 8/28/17

Daily Market Intelligence 8-28-17

Daily Market Intelligence 8/28/17

Daily Market Intelligence 8-28-17

Midday Missive

NFLX is flirting with probing its 50 DMA & Cloud support..The rest of big cap tech FANG trades weak. Mexico  (EWW) is on a tear. I’d be reticent to do anything. You’ll have another Bot driven move late if you’ve … Continue reading →

A.M. Look 8/25/17

If you’re short term trading today, Good Luck. It will be a Bot driven event. Euro…118.50 is resistance and the Point & Figure upside breakout level. Spu’s…Point & Figure medium-term resistance is @ 2459 ish. Sustained and closing price action … Continue reading →

Daily Market Intelligence 8/25/17

Daily Market Intelligence 8-25-17

Further Thoughts

DJI/Bonds…time will tell if this is just a gap fill and we hold and reverse back higher or see pattern follow through. The Chips…NVDA & AMD have so far held a lower retest. Trade the names off their own technical … Continue reading →

A.M. Look 8/24/17

We have a potential Wed-Thursday low in the Indices. This is important mid-week price action for the technical model to repair itself. It will still take another couple of weeks to confirm a directional change. I view the board as … Continue reading →

Daily Market Intelligence 8/24/17

Daily Market Intelligence 8-24-17

Midday Missive

I’m reticent to say anything. ULTA put in an ORL at the bottom of a move yesterday. These are always Bear Trap levels. If you like the name risk no more than today’s low. 241.60 is resistance. The operative question … Continue reading →

A.M. Look 8/23/17

Euro…needs to sustain and close over 118.50 to break out of the recent range to the upside Spu/Bonds…                   IYT…Transports are coming into 200DMA resistance KSU…last night Yra posited a take out … Continue reading →