Pro Tips

GBP/JPY…Pattern Alert

Sterling Traders.. GBP/JPY is putting in an ORL day.   The cross is coming into momentum support @ 140.72. This is a caution signal for selling weakness in Sterling.      

A.M. Look 6/20/17

July (N) Crude expires today. 42.72 is the Feb. Monthly close, which is the low monthly close this year. This is the next level to test. The pattern sell stops are @ 42.01 I doubt anyone will want to take … Continue reading

Daily Market Intelligence 6/20/17

Daily Market Intelligence 6-20-17

Midday Missive

NAVI…Navient Financial is a payment processor with a 4% yield. 16.39 was the April high which is now within reach. Index wise the Spu’s & Nasd 100 have tested their initial upside. Time Frame trading the rest of the day. … Continue reading

A.M. Look 6/19/17

The board has been Risk On since Asia. I’m not looking for much more to happen until after 9:00 CDT The levels are as previously stated.

AMAZON

AMZN…   KR…Kroger could trade to just below 18 before bouncing —

A.M. Look 6/16/17

Spu’s… Nasd 100…5763.75 is the weekly ORL #. This isĀ  resistance and the upside closing pivot. Nasd 100 weekly   Be patient to see what sector leads today. The less you do the happier you’ll be. The above charts are … Continue reading

Daily Market Intelligence 6/16/17

Daily Market Intelligence 6-16-17

QID…Nasd 100 Closing Trade

AMAZON & Nasd 100 both hit their respective 50 DMA’s at the same time. This is all I was looking for in this move! Amazon over 966 later today will run every short out of the market. Take your money!!!!! … Continue reading

Midday Missive

The capital flow should remain negative into London’s close. This will give those that are short the opportunity to take some money off the table into the NASD 100 50 DMA 5631 or 17.75 QID. Look to pay for your … Continue reading