Pro Tips

A.M. Look 6/7/16

Oil & Aussie are leading with GBP/JPY right back at the 50 DMA. AUD/JPY & CAD/JPY after some initial selling last night are following through with their respective ORH patterns. Aussie hit cloud resistance at last nights high. Unless you … Continue reading

Daily Market Intelligence 6/7/16

Daily Market Intelligence 6-7-16

Midday Missive

It’s going to be a commodity summer! If you’re not in the JJG or the Grain Futures concentrate on the related names. Wheat… AGU…95.30 is weekly resistance. POT… cloud resistance has come up a little to 17.35. MOS…Buy the next … Continue reading

A.M. Look 6/6/16

The Equity indices are grinding higher with the Equity/Bond spread running out of downside momentum. The Spu’s can grind up and run the short term pattern buy stops above 2105. I have no interest in shorting indices unless its at … Continue reading

Daily Market Intelligance 6/6/16

Daily Market Intelligence 6-6-16

Midday Missive

Spu’s… ​Nasd 100..that matching ORL level is 4486.25. I need sustained price action and a close below 4475 for lower​. Euro…I thought you’s see this price action yesterday not today. The levels have not changed. Time Frame Trading.

A.M. Look 6/3/16

Bunds… have completed a three month journey to fill its gap from last quarter three trading days shy of Wednesday’s expiration. On three separate occasions this qtr. I thought we’d see a conclusion to this journey only to be proven … Continue reading

Daily Market Intelligance 6/3/16

Daily Market Intelligence 6-3-16

Midday Missive

Spu’s …have filled out the short term P&F. Bears will need all new price action under 2086 for lower. 2096-97 bands the upside. ​WYNN & UNH are looking good. HUM…held it’s 200DMA early, and is on a mission higher. The … Continue reading

A.M. Look 6/2/16

Long Nasd 100/Short 30 Yr 30 yr. Futures…continuation with Sept being the lead contract 30 yr. June daily…there are 2 different maps making the trade difficult until the June contract expires in 2 weeks. Note 9:30 CDT… EIA Petroleum release … Continue reading