Pro Tips

Daily Market Intelligence 5/13/22

Still looking for the macro sell stops in Euro be be hit below 103.41 Eur/Yen has come down far enough on both the short and long term charts. Indices are sell the big rally. Berkshire A looks to be the … Continue reading

A.M. Look 5/12/22

30 yr. Bonds…140.24 is the weekly ORH # and the near term point of control. Bund confirms. Yen crosses play catch up with the other majors losing ground to the already fallen Yen. Dow is holding up better than the … Continue reading

Daily Market Intelligence 5/12/22

Spoo/Bond went back to their normal correlation. Higher Bond futures should hit the Banks. It’s Wednesday and since we closed on the Index lows I thought it prudent to not take a contra trend trade. The Spoo’s and Russell were close … Continue reading

A.M. Look 5/11/22

Energy priced in Yuan held for another sizable rebound. Oil can run out of steam either side of 105, depending on Chart.Spoos have come back to yesterday opening. Volatility should remain high. Be patient for your opportunities today and be … Continue reading

Daily Market Intelligence 5/11/22

Wednesday Rules. Crude and Gold denominated in Yuan are both at critical must hold levels. Violations tonight into tomorrow could see the unwinding of more Commodity Yuan based trades. Gold needs to holding the mid 1820’s or it will retest its … Continue reading

A.M. Look 5/10/22

Bonds followed through to the upside with European debt instruments leading the rebound. Follow the methodology. Yesterday I keyed off the green balance line on the Monthly & Qtrly Russell as support. Other big cap names are doing the same … Continue reading

Daily Market Intelligence 5/10/22

Trade with the trend. Trend is down. Currently I have some matches on qtly charts into 2018 highs. Russell is into its target area for this first wave down. Small cap energy got smoked with the topping pattern in Natty. … Continue reading

A.M. Look 5/9/22

Spoo Pi6t Gaps; 4014.50-4037.50 3983.75-85 3911.75Nasd 100 Pit Gap; 11,347-11,493.1 30 Yr.Bond Pit Gap…135.28-31 July 7-8 2014 It’s going to be a gap trade. No selling weakness. Gold is into support on the 100X3 @ 1855

Daily Market Intelligence 5/9/22

Technical models are all down and they will not turn up next week. Indices are doing a 2020 -2022 retrace. There will be spots for over sold bounces, however this is a sell rally environment. Interest rates are crushing Tech. … Continue reading

A.M. Look 5/6/22

Russell & Spoo trading unchanged on the week and month, with Nasd below. Euro & Aussie same story. 30 Yr. Bond Futures;136.16 is the rally level from 2018. Bonds already rallied a point off the level. A 140.00 print is … Continue reading