Pro Tips

A.M. Look 4/17/23

Bonds are slowly rolling over. Indices are caught. Spoo direction will be determined over the next day or so. TSLA earnings Wednesday seems to be a pretty god catalyst. Resistance is known on both the Nasd, Russell & Spoo. Spoo … Continue reading

Daily Market Intelligence 4/14/23

Money center Bank earnings. Everything that was pitched yesterday was bought back today. Wednesday rules keep one from pressing in the wrong spot. Gold 2063.40 was the 2020 high on a daily continuation. The active chart shows 2089.20 high. Both … Continue reading

A.M. Look 4/14/23

Everybody is talking at me. Welcome to Ratso Rizzo day. Spoo & Nasd are at the top of value and need all new closing price action above the Jackson Hole High to do anything to the upside. We’ve been trading … Continue reading

Daily Market Intelligence 4/13/23

Wednesday has come and gone with ORL days in Spoo/Bond, Spoos, Nasd/Bond & Nasd, Russell. Russell/Bond did not complete the trifecta. For the past two weeks I’ve been looking for a reversal on the Spoo 100X3. A 4100 Spoo print … Continue reading

Daily Market Intelligence 4/12/23

I’ll be focused on the long end of the curve for the #. It will run Gold which needs a 2030 print to turn up. I remain bullish and would look for a big break as another opportunity. Brazil took … Continue reading

Daily Market Intelligence 4/11/23

You won’t know if there wil be follow through until London comes in tonight. Industrial names, Defense and retail were bought early and remained firm. Mortimer and I still have the mid 80’s on our sheets. Do we trade 4075 … Continue reading

A.M. Look 4/10/23

Gold completed a 50% short-term retrace into 2K marching momentum support in GoldinEuros and Yuan. Spoo/Bond is heavy on both the daily and weekly. Frankfurt is closed and interest ihas just started picking up with U.S. traders starting to come … Continue reading

A.M. Look 4/6/23

There is absolutely nothing to do but get yourself in trouble. Futures trade the rest of today with tomorrow’s Globex session closing @ 8:15 CDT. Yes, the Futures will remain open for payrolls. No, the room will not be open. … Continue reading

Daily Market Intelligence 4/5/23

Spoo ORL failed. The spread shows ORL but it came close to Fib support, which now requires further price action. Bonds are in play this week with the Long end coiling. Bonds up=Gold & Silver rally. Silver has been leading … Continue reading

A.M. Look 4/5/23

Keep your mouse clicking to yourself! Spoos are caught between 4137.50-39.50 on top. 4137.50 needed for a reversal on the 25X3 and the mid teens. Nasd is sitting on a weekly pivotal closing level @ 13,200 I spent some time … Continue reading