Pro Tips

Daily Market Intelligence 6/17/16

Daily Market Intelligence 6-17-16

The Late Show

GBP/USD…this is a big blow off in the Sterling which matched up with the Sept Spu trading 1 dollar shy of it’s matrix.   ​Gold has been in profit taking mode since late London​ reacting to the low in the … Continue reading

Midday Missive

Sept Bonds printed the continuation high. I’m not looking for much more although the June pattern swing count was to 173.00 leaving room for another half a point in Sept. Spu…Sept should print the pivot @ 2039-40. These are only … Continue reading

A.M. Look 6/16/16

Gold/Euro..is breaking out of it’s 1 year range. The Fib extensions give you an idea of how far this can run. Caution back below 11646. EUR/JPY…Is getting close to fulfilling major multi yr. fib extensions @ 115.09 with 111.46 being … Continue reading

Daily Market Intelligence 6/16/16

Daily Market Intelligence 6-16-16

A.M. Look 6/15/16

It’s the Mid-Week shuffle, making today all about the technical models. Are we in an uptrend or a downtrend in Equity Indices? Until the Yellen press conference is over it will be unknown. I’m mildly bullish equities and bearish the … Continue reading

Daily Market Intelligence 6/15/16

Daily Market Intelligence 6-15-16

A.M. Look 6/14/16

Can the Equity Indices stabilize today? The Bund (165.33) & Italian 10 Yr. into (140.25) are both at initial extremes. Both need another 30 ticks for additional follow through. Bund would need a close over 165.65 BTP  would need a … Continue reading

Daily Market Intelligence 6/14/16

Daily Market Intelligence 6-14-16

Midday Missive

Oil Patch…names with definable risk PXD APC… ​CSX…holding support. This is good as long as there is no close below 26.50 XLF…while i don’t think this ETF is worth the margin money to own, it is holding. ​