I would expect one wiggle higher to relieve the point & figures The flat cloud on Spoo/Bond 240 minute chart would lead one to the same conclusion. Loretta Mester Speaks 6:30 AM ET MBA Mortgage Applications 7:00 AM ET GDP … Continue reading →

I have no additional commentshi Judd – here is the Martin Barnes. Podcast with Yra http://financialrepressionauthority.com/2022/06/23/the-roundtable-insight-martin-barnes-and-yra-harris-on-the- in my humble opinion Martin is not adequately assessing some of the risks in the economy and financial markets .. relative to say Daniel … Continue reading →

Metal expirations today Copper is in play with Copper in FX terms matching the Dollar pattern. Indices; patience!

Since late Thursday the Spoo rally has extended 160 points with out pressure relief. Matrix to Matrix. Spoo/Bond is close to its 200 DMA, which is no small thing. Spoo could reject right here or rip to either side of … Continue reading →

FELIX ZALAUF; translated article by Felix Zulauf in publicly available The Market Internet online publication OPINION A self-inflicted mess Western policy has failed on security issues. At the same time, fiscal and monetary policies have long deviated from the responsible … Continue reading →

Yesterday Andrew posited the a lot of the selling we’ve seen has been for hedge Fund redemptions coming into qtr end. “Selling the winners to pay for the losers” When I wrote Tuesday I thought the Indices would trade similar … Continue reading →

Daily Market Intelligence 6/24/22

3-Month Bill Settlement 6-Month Bill Settlement Jobless Claims 8:30 AM ET Current Account 8:30 AM ET PMI Composite Flash 9:45 AM ET Jerome Powell Speaks 10:00 AM ET EIA Natural Gas Report 10:30 AM ET EIA Petroleum Status Report 11:00 … Continue reading →

Daily Market Intelligence 6/24/22

Spoo…hourly cloud resistance is @ 3723.50 Spoo could still probe slightly lower than last night’s low. Clearly the index is not holding it’s upside point of control for the Bulls. Crude needs to hold the overnight low to stabilize. Gold … Continue reading →