Pro Tips

Daily Market Intelligence 8/24/16

Daily Market Intelligence 8-24-16

A.M. Look 8/23/16

Oil..this is back to a tale of two charts. 44.40-60 matrix # lines up with a daily 50 DMA, while a continuation chart shows the 50 DMA @ 45.57. Both levels are bounce zones. DE…Friday’s opening range trade winner needs … Continue reading

Daily Market Intelligence 8/23/16

Daily Market Intelligence 8-23-16

A.M. Look 8/19/16

FTSE…sitting right on daily momentum DAX…failed at the matrix level, yet it has not totally broken down. ​Euro Stoxx 50…looks the weakest​   ​30 yr. Bonds..​ ​It’s an atypical Friday as most Bourses are in profit taking mode​ along with … Continue reading

Daily Market Intelligence 8/19/16

Daily Market Intelligence 8-19-16

Midday Missive

Oil…The September (U) contract is rolling to Oct.(V) with volume 2/1 Oct. With the September contract expiring Monday I’m looking for the Oil complex and related names to be strong into Monday afternoon.   Sector rotation continues with the Equity … Continue reading

A.M.Look 8/18/16

GBP/USD…is trading into daily resistance with the weekly chart showing a potential bottoming pattern with a Friday close over 130.98. Dollar Index…sitting right on its weekly trend line @ 94.30. Spu’s are presently caught between 2175 and 2185. They’ll need … Continue reading

Daily Market Intelligence 6/18/16

Daily Market Intelligence 8-18-16

A.M. Look 6/17/16

Let the day set up. ​Oil names will be active @ 9:30 CDT​. Everything else could wait until the Fed minutes are released @ 1 CDT. It’s summer with low volumes. Less is more.

Daily Market Intelligence 8/17/16

Daily Market Intelligence 8-17-16