Pro Tips

Daily Market Intelligence 5/20/22

Spoo attempted 5- 50 point rallies today and settled below the Matrix. Looking for lower. Spoo need to run the stops below last years low before you can bottom fish. Dollar broke off Yellen comments last night. I’ll be watching … Continue reading

A.M. Look 5/19/22

This is the same price action is last Thursday! Pit Index gap lower. Possible double bottom spoo. 141.17 is big in the 30 Yr!!! Watch for reaction off spread!

Daily Market Intelligence 5/19/22

Daily Market Intelligence 5:19:22

A.M. Look 5/18/22

I’ve been starring at the screen trying to some something to say something. For now the Spoo’s missed putting a reversal by 1 tick and the 30 Yr. by 2. Euro requires a 104.75 print to confirm yesterdays high. Don’t … Continue reading

Daily Market Intelligence 5/18/22

Waiting for the price action tomorrow. Looking for a mid-week high in the Indices. We’ll pay attention to the long end of the curve for further tightening. Lockheed and Utilities are worth a look. Lockheed will need to ramp up … Continue reading

A.M. Look 5/17/22

Nasd needs all new strength over last nights high. Gold is into its 200 DMA. It held its own against FX and shows room against treasuries. No trade location. Euro rallied higher than expected to the Matrix # and old … Continue reading

Daily Market Intelligence 5/17/22

Daily Market Intelligence 5:17:22

A.M. Look 5/16/22

Full Moon Trading and the worlds is howling about food supply. India banned wheat export. Wheat gapped up to lock limit up. Gold…1770 is the retest of the original down channel. This will take a while to set up again. … Continue reading

Daily Market Intelligence 5/16/22

The Index technical model is trying to change from down to back up. This will take a couple of weeks to play out. I spent a lot of time discussing how the models work late Wednesday and again Thursday morning. … Continue reading

A.M. Look 5/13/22

I have no interest in picking a high today. The mid-week price action is that of a market trying to find footing, albeit a lagging indicator, it will take into mid-week next to play out. Expecting a two way trade … Continue reading