Pro Tips

A.M. Look 1/31/23

Buyers remorse, last chance to exit before tomorrow. Gold, Spoo, Oil, Copper put in reversals I’ve been looking for. Marginal new lows form last night should be considered Bear Trap territory the first time in. Euro & GBP look like … Continue reading →

A.M. Look 1/30/23

I’ll need to see a 4025 print in the Spoo to think Friday’s high was it for a while. 4060.61.75 print is needed to fill the Pit break down gap. Nasd 100…12,022.25 is the 200 DMA, which is currently just … Continue reading →

A.M. Look 1/27/23

Yes the Indices are short term extended. It’s al about where a Break holds today. Spoos should hold up in to the mid low 40’s the first time down, with 4037.50 the reversal # on the 50X3. Beans are holding … Continue reading →

Daily Market Intelligence 1/26/23

We had a good game plan this A.M. Now we’re at the other end of the value spectrum late on a Wednesday. Nothing has changed technically and we’re not chasing any direction. Everyone is waiting to trade TSLA. Nasd 100 … Continue reading →

A.M. Look 1/26/23

Tesla is running the board today. This is the second breakaway gap since the bottom. You’re @ potential double top land on all point & Figures!! Let the early show play out. Looking at the Natty price there is a … Continue reading →

A.M. Look 1/25/23

Microsoft ran the board last night with a spike above its 200 DMA on the print and then weakness on forward guidance. It’s currently at the bottom of initial mvg avg support. Spoo; today’s 200 DMA is 3967. Daily Cloud … Continue reading →

Daily Market Intelligence 1/24/23

The illuminati of Davos have spoken. Whether this is just short covering or new buying remains to be seen. For our purposes it really doesn’t matter. The only thing that matters are the flows across all risk assets remain positive. … Continue reading →

A.M. Look 1/24/23

Spoo…4012.50 puts in a reversal on the 50X3 Support starts in the high 80’s. The reversal on the 100X3 is @ 3975 matching the 200 DMA @ 3969.40 resistance is the mid 50’s again, matching fibs for this swing. Do … Continue reading →

A.M. Look 1/23/23

Risk spreads are constructive. Natgas looks sold out from the weekly on out. The names are reflective having put in weekly topping patterns over the past few months. The names have tried to hold and form up since the beginning … Continue reading →

Daily Market Intelligence 1/20/23

The board is long Gold against pretty much everything. Seasonality says buy the breaks in gold for another month. U.S. Indices are caught. The names have been a better trade. Energy and healthcare were bought early with chips soft al … Continue reading →