Pro Tips

Midday Missive

Dollar trade…Euro…107.75 close is the weekly ORH #. This is an end of day #. It will be pivotal all day so don’t over-trade the level! The best risk indicator has been the Mexican Peso which comes into weekly resistance … Continue reading →

A.M. Look 2/3/17

30 Yr. Bonds…148.30 is the 200 Weekly mvg avg. The level has changed little since the December low. Sustained and closing price action below this level is needed to bring out the Bond vigilantes. After New York starts trading, we’ll … Continue reading →

Daily Market Intelligence 2/3/17

Daily Market Intelligence 2-3-17

Daily Market Intelligence 2/2/17

Daily Market Intelligence 2-2-17

Daily Market Intelligence 2/1/17

Daily Market Intelligence 2-1-17

Midday Missive

Spu’s have left a three day Island top. 2268-70 was old resistance in the Spu’s, which is now first support. Nasd 100 came within a few ticks of filling its gap @ 5104, making the Nasd 100 a better indicator … Continue reading →

Daily Market Intelligence 1/30/17

Daily Market Intelligence 1-30-17

A.M. Look 1/27/17

The board is showing early risk on with the Peso lightly strengthening. The Peso has a shot at retesting its 50 DMA. Let the day set up. Less is more today. Manage your risk on MSFT. Don’t turn it into … Continue reading →

Daily Market Intelligence 1/27/17

Daily Market Intelligence 1-27-17

Wheat Pattern Alert!

Wheat has a potential ORH day working off Mvg avg support. This has potential. The risk is back below the mvg averages. I would not want to see it go back below its opening range @ 4.25 which matches its … Continue reading →