Pro Tips

A.M. Look 4/20/23

VIX helped us discern direction into today. Oil went to half of the gap. We’ll need more price action to see if it can fill. Soybeans will likely trade in a similar fashion. Gold needs to print 2020 to confirm … Continue reading →

A.M. Look 4/19/23

Lots of moving parts. 30 Yr. traveled from matrix to matrix last night. Spoo short term support all lines up just above 4150. A 4150 print is needed for a reversal on the 50X3. Gold; not picking a low just … Continue reading →

A.M. Look 4/18/23

Strong China GDP has the world in a Risk o mode. Spoo/Bond shave been in a big range for the past year. Watching for a weekly breakout of the range for much higher Spoo targets. Nasd/Bonds put in an ORH … Continue reading →

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 →