Spoos are back to a very high Dollar correlation. FX #’s are on the bottom in white of the Pit chart. 100X3 hit the level and the top of the cloud. Angelo was spot on late afternoon looking for a … Continue reading →

Over the weekend I tried to catch up on podcasts and reading. Larry Williams did a short session about what he was looking for in 2023. Topics he touched on were the Soybeans and CAT. Soybeans are close to breaking … Continue reading →

Mid-Week Shuffle Yen had a big night with the crosses ultimately going nowhere on a bigger picture. Gold put in a pressure relief reversal. The low is tradable. Copper remains bid against Yuan,Yen and Bonds Grains should be monitored today … Continue reading →

Spoo have a stranded Pit close today. Typically we’re soft for a couple of days. This makes perfect sense with the usual nonsense happening in D.C. 3984.42 is today’s 200 DMA marching 3987.50 (the reversal # on the 50X3) Copper … Continue reading →

Risk spreads don’t tell e much. Point & Figures look like they want to fill out below. Spoo 3925 is the reversal # in the Spoo with the pit gap in front. Nasd 400 has room for another 200 points. … Continue reading →

Either we fail from here tonight into tomorrow’s inflation data or we can gap higher. 4030 + a couple is fib resistance and a 50% level. If you see a big rally after the # before the U.S. Pit opens … Continue reading →

Daily Market Intelligence 1/11/23

First Gann day of the new Year. Pay attention to the game. November high in GoldinYen was a Wednesday, before a retreat. Spoo’s…show resistance @ 3984-95 Copper into resistance after holding it’s .618 mid last year. Treasuries up on both … Continue reading →

The market remains a trade with everyone waiting for Powells speech in the A.M. Thursday – Friday we’re back to a data driven board. Spoo 3875 is the reversal level on the 100X3. Retail and Energy have a few ugly … Continue reading →

Soybeans; all the volume is in March. Pay attention to which chart you are looking at. Indices will get going by 8: A.M. CDT Today’s game; where does the Spoo hold on a spike down? 3875 is the reversal # … Continue reading →