Pro Tips

A.M. Look 6/26/17

Posted on 06/26/2017

Gold…rally is over with it trading weakest against the Yuan as the world goes back to a risk on footing into qtr end. SMH…gains upside momentum by maintaining over 86.05 targeting 87.80. Nikkei is putting in a bullish pattern that … Continue reading →

Daily Market Intelligence 6/26/17

Posted on 06/25/2017

Daily Market Intelligence 6-26-17

A.M. Look 6/23/17

Posted on 06/23/2017

Spu’s…today’s 50 yard line is 2428. Spu’s are firm above the short term averages / weak below.   Gold…is trading up into its 50 DMA. Gold should stall at 1260 ish with a risk on U.S. board. Traders who spread … Continue reading →

Daily Market Intelligence 6/23/17

Posted on 06/22/2017

Daily Market Intelligence 6-23-17

A.M. Look 6/22/17

Posted on 06/22/2017

Gold…those that bought Gold should raise the stop to breakeven. A close over 1256 is needed for upside follow through. Sustained price action above 1256 should see another 6 dollars before running into resistance @ cloud momentum. Manage your risk … Continue reading →

Observations

Posted on 06/21/2017

Copper is trying to bottom with an Engulfing Bullish candle. Gold..manage longs against today’s low. FB…is a cheap look at a new long against today’s low. EXAS…Exact Science is a name that is just forming up to follow IBB higher.

Midday Missive

Posted on 06/21/2017

The morning has started off as a big sector rotation into Healthcare. Biotech names are leading the Nasd 100. OIL… 42.75 is support and the downside closing pivot. Resistance is at the bottom of the gap @ 44.33.   You … Continue reading →

A.M. Look 6/21/17

Posted on 06/21/2017

Last night’s lows in the Indices will be the hold levels. Nasd/Bonds have to hold right here.   DAX/BUND had pattern follow through to the downside sustaining below its 50 DMA. This needs to be monitored vis’ a vis’ the … Continue reading →

Daily Market Intelligence 6/21/17

Posted on 06/20/2017

Daily Market Intelligence 6-21-17

Pattern Alerts …ORL’s

Posted on 06/20/2017

FTSE..   DAL..Delta Airlines VNQ..REIT Vipers IYR..iShares U.S. Real Estate IYC  ..DJ Consumer Service Sector   SMH..Semiconductor   The above are potential exhaustion patterns   Keep your eye on Gold for a defensive long after 12:30 CDT New York Pit … Continue reading →