Pro Tips

QID

Posted on 06/13/2017

Time to buy QID the Ultra short Nasd 100 ETF   After a retest and a rejection of the weekly Nasd 100 ORL pattern time to give it a go   Use a stop below today’s low @ 16.80

Midday Missive

Posted on 06/13/2017

5763.75 is the weekly reversal # in Nasd 100. We just came close enough matching the Spu’s against the target of 2440. Bulls need to see closes over these levels to extend. Many of the big cap tech names are … Continue reading →

A.M. Look 6/13/17

Posted on 06/13/2017

The heavily shorted names like TSLA & NVDA are up the most this A.M. Both are negating their negative patterns. AMD negates its negative pattern with sustained and closing price action over 12.40

Daily Market Intelligence 6/13/17

Posted on 06/12/2017

Daily Market Intelligence 6-13-17

A.M. Look 6/12/17

Posted on 06/12/2017

GBP/JPY…138.93 is today’s 200DMA. The short side of the Pound should stall into this level the first time down.   Nasd 100…5623 is weekly closing momentum line that has been holding since December.   GOOGL… the gap is 920.53-893.96. This … Continue reading →

Daily Market Intelligence 6/12/7

Posted on 06/09/2017

Daily Market Intelligence 6-12-17

Daily Market Intelligence 6/9/17

Posted on 06/08/2017

Daily Market Intelligence 6-9-17

The Late Show

Posted on 06/07/2017

IYT…Transports are attempting an ORH day after holding momentum   Oil…is trading weak into the Pit close. Given Gartman just went negative TEXAS TEA, I’d use a trailing stop 10-15 cents above today’s Pit Close.

Midday Missive

Posted on 06/07/2017

Oil..the next set of sell stops are @ 45.67-53. A couple of you sent me notes you were short. You need an 80 cent rebound off any low for a broader reversal. All you can do is time frame trade … Continue reading →

A.M. Look 6/7/17

Posted on 06/07/2017

I’ve nothing to add this A.M. Shorter time frame players should be patient and wait for NYSE to open.