Pro Tips

Daily Market Intelligence 6/14/22

Spoo came close enough to a caution level to square up and wait out the next day or so. Italian Debt is at a major inflection level. Bono’s have done a big part of its downside swing. U.S. debt has … Continue reading

A.M. Look 6/13/22

Welcome to the trifecta of bad news week with a Full Moon tomorrow! Indices and Bonds have run near term stops all making slightly lower lows from the last swing. Hello Houston! We have a problem with the short end … Continue reading

Daily Market Intelligence 6/13/22

Daily Market Intelligence 6:13:22

A.M. Look 6/9/22

Spoo & Nasd have hit initial downside levels. It will not pay to sell weakness early into these areas, late day is a different conversation. Energy…higher.

Daily Market Intelligence 6/9/22

Daily Market Intelligence 6:9:22

A.M. Look 6/8/22

Spoo…support is 4130- 4120 with 4125 being the reversal # on the 50X3 Oil Pit chart.

Daily Market Intelligence 6/8/22

Daily Market Intelligence 6:8:22

A.M. Look 6/7/22

Spoo…4079.50 is the flat part of the cloud o the 50X3. It will act as initial support and a magnet line until this part of the cloud is worked through. Gold put in a reversal on the 100X3. Dow/Gold is … Continue reading

Daily Market Intelligence 6/7/22

Indices are range bound. Amazon ran the early price action. Interest rates are still running the board. 10 Yr & 30 yr. Yields have reached initial targets. Further rises in rates will lead to more unintended consequences.

A.M. Look 6/6/22

Indices are range bound. Oil..profit taking last night in the FX spreads. Gasoline shows a stranded Pit close.  How much does it back off before retesting 4.25? Not bearish. Canadian Dollar remains bid.