Pro Tips

A.M. Look 5/31/17

Posted on 05/31/2017

Oil…sustained price action below 48.50 is needed for lower   NZD/USD…Kiwi is trading right on its 200 DMA @ 71.08. What is more interesting is the Monthly ORH working. Maintaining over 70.56, the monthly ORH #,is needed for follow through. … Continue reading →

Daily Market Intelligence 5/31/17

Posted on 05/30/2017

Daily Market Intelligence 5-31-17

A.M. Look 5/30/17

Posted on 05/30/2017

Gold is losing momentum against the currencies. VIX…will need over 10.90 Mvg avg resistance to continue higher. 12 is the most obvious spot to test . The 10% wiggle needs to be managed if you’re involved. It will take into … Continue reading →

Daily Market Intelligence 5/30/17

Posted on 05/29/2017

Daily Market Intelligence 5-30-17

VIX..For Short-Term trading

Posted on 05/26/2017

We’re seeing inside ranges in the Indices with AMZN struggling @ 1000 Long only guys would be prudent to buy some VIX out a maximum of two weeks. A little portfolio insurance will help with your digestion over the long … Continue reading →

A.M. Look 5/26/17

Posted on 05/26/2017

Gold…50X3 P&F…is trading near the top of value on the P&F charts. There is a gap @ 1276.90 on the daily continuation. Gold..100X3 P&F Gold/Yen is trading at its 200 DMA. Gold/Yuan is through its 200 DMA Gold/GBP is trading … Continue reading →

Daily Market Intelligence 5/26/17

Posted on 05/25/2017

Daily Market Intelligence 5-26-17

Midday Missive

Posted on 05/25/2017

IYT…Transports stay firm above 163.24. Transports are poised to play catch up. SQ & ADSK trade well.   SNAP is worth a go with a 30 cent stop to see if this formation will be a bottom.   HON…Honeywell is … Continue reading →

Daily Market Intelligence 5/25/17

Posted on 05/24/2017

Daily Market Intelligence 5-25-17

A.M. Look 5/24/17

Posted on 05/24/2017

Welcome to the mid-week shuffle BG…Bunge is down after denying the Glencore takeover overture NVDA is making new all time highs up 3%. The rally continues to be relegated to a few names. The rest of the board is a … Continue reading →