Daily Market Intelligence 6:17:22
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
Daily Market Intelligence 6:13:22
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.
Daily Market Intelligence 6:2:22
Spoo will revolve around the matrix level. 3900 print is needed for a reversal on the 100X3 with 3895 first cloud support.Euro & Gold are very close to resistance. Euro… the down channel its been following since 123.00 Jan 2021 … Continue reading
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
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
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