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 →

Spoo gave you plenty of opportunity with a 2 way trade. With the cash bond market closed today, tomorrow becomes the tell. Follow the Bonds. Bonds Futures down = Dollar up, Risk off Equities and negative precious metals. A couple … Continue reading →

Spoos have come down to reach Mortimers 2nd target from the high for a second time. This is an area to Not Press shorts! The market needs to collapse on its own weight. Focus on selling failed rallies Euro will … Continue reading →

Spoo fulfilled Friday’s Point & Figure objective in early Asia. The index is caught between the yearly breakdown @ 3652.50 and the closing matrix # above, and its 200 WMA” 3595″ below. No chasing @ either extreme levels. The indices … Continue reading →

Follow the Bonds. Technical models are still down. Spoo & Nasd have unfilled Pit gaps from Yesterday that will effect price.