Fed Funds and the reversal led by the 2’s ran the spreads. EUR/JPY 200DMA ran the currencies. Spoo/Bond @ its 200 DMA ran the Spoo and put a top in the Nasd. AAPL wants to fill its gap. FRA Podcast … Continue reading →

Spreads are Bullish run by the Bonds. Everything is a trade in here. Dollar reversed with rising yields which is something to pay attention to.

RBA raised .50% EUR/JPY 200 DMA Bonds are the feature. Fed Funds @ cloud resistance. I’m trying to get a a better handle on the long end of the curve. 2.77 is possible. Nasd reversal is 12,800. on the 400X3 … Continue reading →

Yen started the evening show. Yen has gained on everything with the exception of Gold. 5-30 trading @ its 200 DMA Looking for initial first of month Index averaging. Time frame trade the indices.

Month End with potential first of Month buying Mutual Fund Monday. The first rally was a short lived Algos driven run triggered by the European debt rally. The risk spreads were negative the initial rally. Spreads went positive for the … Continue reading →

Daily Market Intelligence 7/28/22

Yen and the crosses further corrected. Yen weakness is over and the crosses will be thew feature. Gold charts have rolled. Dec became front month on the charts late yesterday. Make sure you are looking at the correct map. The … Continue reading →

The room got short and covered into the low 3920’s. We had a terrific conversation for the first three hours revolving around trade location, trading style and blending the thematic with the here and now. Brian and Robert went over … Continue reading →

MFST has rallied back to its mid point of the past couple of months. Nowhere in particular. Nasd will need a 12,400 print for signs of bottoming. Spoo & Euro bounced off their matrix levels. Same game. Expect some back … Continue reading →

Room members traded Spots from both making app 20 points either way. Industrials, Utilities and Energy were bought against tech. Tomorrow after the close will start off the weeks festivities.