Pro Tips

Midday Missive

Same deal just another day.Another U.S. session opening range trade. London remains the whipping boy. The high in the Dax does not make one overly bullish the U.S. gong into the afternoon session. Time frame trading. The rally has been … Continue reading

A.M. Look 10/18/16

AMZN…is up 9 dollars in pre-market. 829.50 is today’s resistance and upside momentum level. Match this up with resistance in the Spu’s the first time up. Spu’s…2145 is the 50% retrace Fib resistance of the recent range. Closing over this … Continue reading

Daily Market Intelligence 10/18/16

Daily Market Intelligence 10-18-16

Daily Market Intelligence 10/17/16

Daily Market Intelligence 10-17-16

Midday Missive

Nasd 100…4834.75 is the weekly ORL #. I think we close around here or higher today. Spu’s…2136 is the weekly ORL #.  The later we get in the day the greater the probability that shorts get squeezed.  Oil is stuck.  … Continue reading

A.M. Look 10/14/16

Full Moon Trading… Spu’s and Nasd futures have both just traded up to pivotal levels. I’m looking for a back and forth affair today. Closing in this area puts the bears back into hibernation for a couple of days. EUR/AUD…145.43 … Continue reading

Daily Market Intelligence 10/14/16

Daily Market Intelligence 10-14-16

Spu’s…

S&P 500 Futures…Time Frame trading the rest of the day. We’re coming into the July gap level where it does not pay to sell into this area. Be aware that the flow can change into or after London’s close.

A.M. Look 10/11/16

I would look for some position squaring late day, particularly in the Bond market as cash trading is back up today, but should be extremely light over the next two sessions. Look for a mid-week high to resell the Bonds. … Continue reading

Daily Market Intelligence 10/11/16

Daily Market Intelligence 10-11-16