Fed Funds and European Debt are still being hit, leading the European Bosses lower. Spoo put in a small relief rally last night to nowhere. Dec Spoo would require a 3987.50 print for pressure relief on the 50X3. I’m focused … Continue reading →

The board remains rate driven. In next weeks Matrix class I will be going over some old work since some are losing the plot. I will send out a notice for those members later in the day. Gold and Gold … Continue reading →

Commodities went bid. Energy early followed by Soybeans & Lumber. Corn closed above its 200 DMA. The long end of the curve puked after the 10 Yr. auction. 30 Yr. Yield shows a Bullish pattern. Yield should take over the … Continue reading →

We’re waiting for the inflation #’s. This is the third pit gap up in the indices. “potential exhaustion” Review your levels of look at a 1380 minute chart. CHF/JPY confirmed by D-Mark/CHF is at a crucial 40 year level!!!!! Currencies … Continue reading →

Daily Market Intelligence 9/7/22

Interest rate differrentials matter. FX, which hasn’t mattered for years matters! Spoo/Bond closing under its 200 DMA this week will be the last nail in the coffin for the Bulls. Yen should trade close to 150, however you can’t Chas … Continue reading →

It’s good to be alive day! I will be writing off and on for the next couple of weeks until I get my strength back. We’ve been covering a lot of territory in the room with the usual suspects. The … Continue reading →

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 →