Pro Tips

Midday Missive

The Equity Indices are putting in stranded closes with this gap lower today. This has the potential to turn into a mean reversion back to the 50 DMA @ 2124 which is also the matrix breakout. Spu’s would need to … Continue reading

A.M. Look 8/16/16

The Dollar is the story this A.M. USD/MXN is trading right at its 200 DMA @ 1794 and is short term overbought. Euro is trading at Matrix resistance. Yen & Aussie are getting close. GBP/USD trapped new shorts with GBP/JPY … Continue reading

Daily Market Intelligence 8/16/16

Daily Market Intelligence 8-16-16

A.M. Look 8/15/16

SHCOMP…had a strong start to the week keeping Asia firm. Euro Stoxx 50…needs to maintain above 3034 its 200 DMA and today’s ORL # for higher. Grains look to have bottomed after holding Friday’s WADSE break. Soybeans need a couple … Continue reading

Daily Market Intelligence 8/15/16

Daily Market Intelligence 8-15-16

Midday Missive

Spu’s…after trying for two hours to push below 2177 (last weeks close) Index trading will be a nite mare.Bears will try to close this below 2177. Good luck with that! I’m not buying a 200 point rally in the Spu’s … Continue reading

A.M. Look 8/12/16

Matrix levels for the Euro Stoxx 50 (DSX) have been added. All in all it was a quiet night other than the rally in SHCOMP Soybeans need to sustain over $9.90 for a rally. It’s Friday in the heat of … Continue reading

Daily Market Intelligence 8/12/16

Daily Market Intelligence 8-12-16

A.M. Look 8/11/16

The failure of the 30 Yr. Bonds to run the unemployment stops @ 173.23 is running the Equity/Bond spreads which are all presently trading above their 200 DMA’s keeping the Equity Indices firm. DAX…as long as the Futures remain above … Continue reading

Daily Market Intelligence 8/11/16

Daily Market Intelligence 8-11-16