Pro Tips

Daily Market Intelligence 2/27/17

Daily Market Intelligence 2-27-17

TZA

TZA hit pretty good initial resistance matching the gap in the Spu’s. Longs should use a 17.90 closing stop. I’ll be out of office for the next few hours.

Pattern Alert

The potential 3 day Island is off the table in the Spu’s, although you still have a stranded close on a new high. Equity/Bond spreads do not show a blow off top, only a correction. Spu’s need to close below … Continue reading →

Daily Market Intelligence 2//24/17

Daily Market Intelligence 2-24-17

ORL Pattern Alert

Nasd 100… is putting in a potential ORL day   Spu’s…need a close under 2355.80

Midday Missive

EWW…has been a Risk On Indicator   TZA…the triple short Small Cap shows a trad able low @ 17.48 look for 18.60.   Expecting weakness for the next hour. It will come down to the last 30-45 minutes whether the … Continue reading →

A.M. Look 2/23/17

When I get up in the A.M. and stare at the screen for an hour and have nothing constructive to say, that should tell you something. Don’t play press your luck. The indices have been parked all night. Wait until … Continue reading →

Daily Market Intelligence 2/23/17

Daily Market Intelligence 2-23-17

A.M. Look 2/22/17

Welcome to the Mid-Week Shuffle. The board is starting to align for something to happen. Bund has hit an important target level @ 165.30-50 which has been pivotal to multi-hundred point moves over the past few quarters. TY/BD…Long U.S. 10’s/short … Continue reading →

Daily Market Intelligence 2/22/17

Daily Market Intelligence 2-22-17