Daily_Market_Intelligence_4_27_22
Spoo…4244.75 is where the rally started in March. We haven’t broken anywhere yet. This is just beginning.The Risk Spreads have blown off! All commodity trades vs FX are done for a while, as signaled by the ORL in Yen/Yuan on Wednesday. … Continue reading
cv Fertilizer names were on fire with the Grains. 2 & 5 Yr.Notes have broken 40 yr uptrend lines. The 30 Yr. has not and this is the one that matters. 30 Yr. Yield has room to 3.25-3.30% I will … Continue reading
Precious metals against everything. Pay attention to the Pit gaps in the Indices. 40 Year 30 Yr. trend line looks to be broken. It will take a weekly close under 138.00 to confirm. Spoo have been going on the Nasd … Continue reading
Indices are weak. Nasd can’t overcome the Bond yields. Semiconductors act terrible. Agra,Fertilizer, and Utilities remain a haven bid. Dollar index showed ORH at the top of a move which has me monitoring the Euro, which closed right on its … Continue reading
Wheat is doing the fibs of the lower gap. Spoo held its 50% of their swing. Looking for an attempt back up towards the last matrix level. Indices are a trade! 30 Yr. Bonds held the Matrix @ the 200 … Continue reading
Indices are coming into support with Nasd Matrix within striking distance of qtly matrix. GoldinYen leading Metals complex. Gold/Silver into averages. Silver is leadiing. Oil…Pit gap trading. 30 Yr. Futures look to gap lower. Kansas City Wheat….11.644 is the start of … Continue reading
Daily_Market_Intelligence_4_11_22
The Dollar remains a story against the Euro & Yen. Spoo’s will need to print 4525 and sustain above. Nasd 100…14,700 is the reversal # on the 400X3. It’s also resistance at the bottom of the cloud. Bonds are negative … Continue reading
Daily_Market_Intelligence_4_6_22