Pro Tips

A.M. Look 10/10/16

Posted on 10/10/2016

DAX shrugged off bad Deutsche Bank news (which is trading slightly higher) climbing back overt its 50 DMA @10,520. Mexican Peso has rallied close to its 50 DMA @ 188877 USD/MXN and is starting to get overbought. ​Gold held its … Continue reading →

Daily Market Intelligence 10/10/16

Posted on 10/09/2016

Daily Market Intelligence 10-10-16

Pattern Alert!

Posted on 10/07/2016

Spu’s…having rejected its 50 DMA @ 2162 last night the pattern is looking ugly into the thinnest time of day. Spu’s need to close over 2143 to avert a daily ORL. Nasd 100…4844.50 is the ORL level.   ​We’ve seen … Continue reading →

Midday Missive

Posted on 10/06/2016

Oil… CRM…Salesforce has been in rally mode since 5:30 A.M. CDT when it was trading in pre-market just over 72.30. It has now reached its first objective @ its 200DMA 75.19. ​Natgas…i have an old closing level @ 3.31.​

A.M. Look 10/6/16

Posted on 10/06/2016

Time Frame Trading today. Capital flows abated on the U.S. Pit Bond close yesterday. We’re seeing the back and fill. The instruments maintaining direction and flow through are the British Pound and Yen which continue to weaken. There is no … Continue reading →

Midday Missive

Posted on 10/05/2016

KBE… regional banks are doing better than the majors testing their yearly high of 34.38. Closes above 34.60 is needed for another run. COF…has broken out on a weekly and has room to 75.30 where is should run into monthly … Continue reading →

A.M. Look 10/5/16

Posted on 10/05/2016

ACIA…is up over 5% this A.M. The mid 111’s will be into mvg avg resistance and a retest of its gap starting @ 111.75. This is an exit zone the first time up, not a place to chase direction. 30 … Continue reading →

Daily Market Intelligence 10/5/16

Posted on 10/04/2016

Daily Market Intelligence 10-5-16

AMAZON

Posted on 10/04/2016

AMZN…831.25 is today’s ORL#.

A.M. Look 10/4/16

Posted on 10/04/2016

FTSE…loves a weakening Pound. The long-term pattern here is mirroring the S&P 500 level @ 2132. I would expect some initial price rejection around this level, however the longer the FTSE stays up here the higher it can go. Trailing … Continue reading →