Daily Market Intelligence 10/4/16

There are changes afoot at Whitewave.
I provide a tiered service. Matrix levels will be published for upper echelon clients only.
Some members have expressed a desire to have them programmed into their front ends as static lines. I’m currently working on the logistics and feasibility of such an endeavor.
New Updated Matrix levels will be sent with the Qtrly update to upper echelon clientele.
Up until now my site has remained an open resource. That will be changing with an updated site and new tracking software for e-mails sent.
The reasoning was twofold;
It’s patently unfair for my long time clients to have a resource as valuable as the Matrix diminished and those sentiments have been expressed. I hear you!
Second, my work has been appearing and being quoted almost verbatim on noise television without so much as a hat tip.
Tomorrow I’ll be putting the finishing touches on my qtrly update which will
be sent to Premium level clients. 

EUR/JPY…(Typically a risk on indicator) the cross looks worth a go if traded and managed against Friday’s close @ 113.93.

Inline image 1
 
USD/JPYInline image 2

Deutsche Bankwith Europe coming back tonight, look for DB to be a market driver.Inline image 3

Nasd 100 vs Short Treasuries looks to extend. This is the best looking of the Indices. 

Many market participants have been on the sidelines over the Holiday weekend.
The market activiity will pick up through the rest of the week.
Economic Calendar:

7:45 AM ET                    ICSC Weekly Retail Sales
8:05 AM ET                    Fed’s Lacker speaks at West Virginia Economic Outlook
8:55 AM ET                    Johnson/Redbook Weekly Sales
9:45 AM ET                    ISM New York, for Sept
4:30 PM ET                    API Weekly Inventory Data
8:40 PM ET                    Fed’s Evans speaks on Economy and Policy in New Zealand

Earnings Calendar:
Earnings Before the Open: DRI
Earnings After the Close: MU

Other Key Events:
China Markets closed thru October 7th (full-week) for the National day holidays
RBA Rate Decision

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