Monthly Gann day with ECB in the A.M. Today the Bund peripheral spreads blew out. I’m interested to see how the Q&A plays out. Expect FX volatility driven by interest rate expectation. Spoo failed at the hourly oscillator all day, … Continue reading →

Ciao’ Mario Oil; expect the gap to be traded. Spoo; 3957.50 is the reversal # on the 50X3 3922-10 is the support zone. Good above/negative below. Gold wet the bed with rising Yields in Europe. EuroinGold is at a critical … Continue reading →

Netflix will run the post 3 P.M. CDT trade. Indices have higher targets. Nasd seems on a mission for the next matrix #. Spoo…3982.50 is 1/2 the Pit gap. Oil inventories tomorrow with August expiration.

Spoo leads with a foray into it’s Pit gap last night and a potential double top on thew 100X3 3920-10 will be pivotal the rest of the week. 50X3 confirms the level. Euro is winding up. It will take into … Continue reading →

Daily Market Intelligence 7/19/22

Higher than expected rate rise ran dollar longs out in the European session. Euro is half way back for the month. I looked at the yield charts and I get get a good read. Bruce kindly cleaned up the Pit … Continue reading →

Oil rolls to Sept. Pay attention to the discount. Indices; Pit gap central. Goldman & Semi’s lead

Chips led by Intel was the late day feature. MSFT put in a bottoming pattern after investors thought Gates was done selling. The Room was on it in a big way today. Everyone covered shorts @ the matrix and many … Continue reading →

Be patient. Gasoline shows a discount for Sept. Plenty or rollover gaps in the Grains. Giving the indices some time to set up.

It’s all about the curves. Indices spent all bloody day rallying to nowhere. July Grain expiration tomorrow. Tomorrow into Friday will run the board for the next few weeks.