Indices and Risk spreads back and filled their respective gaps, which the rom was on early. NFLX is keeping the board positive after the close by running it’s Monthly ORH buy stops. Oil needs to hold today’s low to avoid … Continue reading →

Netflix had its moment in the sun. TSLA is the last hope for Equity Bulls after today’s close. Heating Oil blew off is is now trading @ its 200 DMA. Trade over. Yields run the world!!! 30 yr. U.S. Yield … Continue reading →

It’s a big gap game in the Indices. Crude has rolled to December which trades @ a $1 discount to Nov. Course members should trade accordingly. Netflix has been trying to bottom since its last earnings implosion. Now it’s trying … Continue reading →

FX trade was dominated by Truss headlines that she is close to getting the boot. No one is apparently ready to challenge 150 USD/JPY, a natural caution level for intervention. GoldinYen is showing some strength. Gold would need a 1680 … Continue reading →

Daily Market Intelligence 10/14/22

Midnight Missive from Langer: Normally we give this reversing action a few days. Exactly, technical models do not turn in a day. I’m looking for a two way trade with next weeks mid-week shuffle determining whether or not this was … Continue reading →

There is nothing that hasn’t been covered in the room or in the written notes. Everyone awaits PPI. This is the last chance saloon for the Bulls. I will be in for the #, after which I will be leaving … Continue reading →

It was another night of price run by European debt. Italian 10’s put in an ORL @ the bottom of a move which is always a potential Bear Trap and reversed taking Indices, Gold and FX with it. We’ll see … Continue reading →

We’re seeing rallies to nowhere on total B.S. headlines. Assume all headlines are planted! The headline is what mainstream media uses to justify the price action they do not understand! Trade the macro technical levels and trade less. Today’s high … Continue reading →

Mid-Week Shuffle in a Bear market. Look for failed rallies late day into tomorrow’s CPI. 30 Yr. is leading this A.M. with USD/JPY being the FX feature. 2 mvg averages in front of the next matrix levels of note; 200 … Continue reading →