Pro Tips

The Late Show

The Pit 30 yr. Bond fell just shy of the 153.11 close needed for an ORL. Globex session still has time. Spu/Bonds are toying with an ORH as well. DXJ is ripe for an oversold bounce. Look for a test … Continue reading

Midday Missive

Spu’s…resistance is @ the 50 DMA @ 2348. With NFLX after the close today be careful trading from the short side. Albeit atypical, two weeks ago we saw a Monday low that held all week.

A.M. Look 4/17/17

It’s all about the Pit gap in the Spu’s @ 2315.80. The board will pivot Risk On /Risk Off from this level. We’ll have to see what everyone wants to do after the U.S. opens.  

Daily Market Intelligence 4/17/17

Daily Market Intelligence 4-17-17

A.M. Look 4/7/17

Spu’s…are in a 30 point range on the long-term Point & Figure RTN…Raytheon Gold..needs to hold a retest @ 1259 to maintain upside. Once London goes out today you’ll be trading the news against the Bots. Good Luck With That. … Continue reading

Daily Market Intelligence 4/7/17

Daily Market Intelligence 4-7-17

Midday Missive

Pretty much the entire board is green with the exception of the FANG names. Not a good idea to fade this oversold rebound in the Indices today. AMZN..is today’s big loser. 878.60 is the most obvious bounce level. The Long-Term … Continue reading

A.M. Look 4/06/17

Spu’s…The range is highlighted. It will take sustained price action into the 2330’s for lower. 2339.50 is the e-mini 50 DMA support line.   Spu/Bonds on the other hand is trading right at its 50 DMA. 30 Yr. Bonds need … Continue reading

Daily Market Intelligence 4/6/17

Daily Market Intelligence 4-6-17

Pattern Alert

Spu’s..2344.75 is today’s ORL# Nasd 100…5406.75 Globex ORL Nasd 100..  5415.50 is Pit ORL I didn’t think we’d get this low. A lot of stops were just run.