Pro Tips

Midday Missive

Posted on 06/27/2016

Price action remains negative Equities/Dollar positive with one hope rally last night going into London’s opening in the Euro and U.S. Indices which faded. Deutsche Bank is at new all time lows. It would take a close today over 14.13 … Continue reading →

Daily Market Intelligence 6/27/16

Posted on 06/26/2016

Daily Market Intelligence 6-27-16

Midday Missive

Posted on 06/24/2016

U.S. Equity indices have had a nice relief rally although those gains have faded with the Nasd 100 failing to hold above 4353. EURO…111 is the downside closing pivot for the qtr. It’s a 4 P.M. CDT level. Most clients … Continue reading →

A.M. Look 6/24/16

Posted on 06/24/2016

DAX…9429.5 will be a pivotal level for market tone going into London’s close. This is the weekly ORL # matching the 200WMA. Spu’s…2041 is the weekly closing ORL #. Spu’s only have to close over this level for the U.S. … Continue reading →

BREXIT Technicals

Posted on 06/23/2016

Euro…106-105.50 is the next major level with sell stops below. YEN…we’re back to 2013 levels @ 99.01 USD/JPY 101.24 Futures. Given the 3 figure bounce off the level the next extreme is 94.88 USD/JPY 105.39 Futures. GBP/USD…elected the stops through … Continue reading →

A.M. Look 6/23/16

Posted on 06/23/2016

EURO…I’ve been waiting for a confirming close under 111.00 to sell Euro. ​EUR/JPY.. .​ GBP/USD… ​GBP/JPY​…158.69 is weekly resistance. ​Spu/Bonds​…Risk was on during early Wellington and never subsided As a day trader I’d look to fade the entire board for … Continue reading →

Additional Comments 6/23/16

Posted on 06/23/2016

European Banks are up anywhere from 3.5% to over 5% HSBC…needs a close over 33.50 for an ORH Month. DB…needs a close over 18.53 for an ORH Month SAN…needs a close over 5.03 for an ORH Month RBS…needs a close … Continue reading →

Daily Market Intelligence 6/23/16

Posted on 06/22/2016

Daily Market Intelligence 6-23-16

A.M. Look 6/22/16

Posted on 06/22/2016

Welcome to a very big Mid-Week shuffle. The bottom of the pit gap in the 30 Yr. Bonds is 167.04. Traders that are short should use the weakness to lighten up and close out trades before the Brexit vote. Gold … Continue reading →

Daily Market Intelligence 6/22/16

Posted on 06/21/2016

Daily Market Intelligence 6-22-16