It’s money for nothing day. Mid-Week Shuffle in a Bull equity market with an FOMC kicker. Wednesday rules apply. SNOW is a much anticipated IPO. Nasd 100 has retested it’s weekly breakdown level. The spread will need to maintain above … Continue reading
Good China data fueled overnight trade. Gold filled out it’s 100X3 to the top of value. Gold following through against the 30 Yr. Bonds, Euro & Yuan. Nasd 100…11,528 is the weekly point of control basis Sept. The level should … Continue reading
Daily Market Intelligence 9-15-20
Instruments are responding to their respective 50 DMA’s Last night it was Spoo & Nasd/Bond. Mini-Dow/Bond held its 200 DMA. Spoo would need a print into the high 80’s for a reversal on the 100X3 I put in the Fibs … Continue reading
Daily Market Intelligence 9-9-20
Daily Market Intelligence 9-8-20
Spoo’s…3437.50 is the reversal # for the 50X3 matching Langer’s 70 RSI level. Pit Gap…3409.50-3396.25 Upside..3492 is the 200 hourly mvg average.Spoo/Nasd has farther to go. APPLE will be key in today’s action. Currently gapping a gap. The gap area … Continue reading
Daily Market Intelligence 9-3-20
Daily Market Intelligence 9-2-20
All Nasd/Bonds run by Zoom earnings. Metals…Yra and Kushal’s podcast from 2019 is as relevant today as it was then. SupportĀ is Yesterday’s closes. Euro…follow the yellow brick road!!! The war is @ 121.50