Suisse,Yuan & Canadian dollar were all signaling Risk Off. Gold broke into Support. Still no standout signal against the currencies for a long. I’m focused on the Nasd/Bonds. The game will be the weekly Pit Gap. Short-Term traders..the only level you should … Continue reading
He said she said overnight algo driven action. Nothing stands out. Nasd/Bond Pit (U.S. session) is the my pick for the chart of consequence. Yesterday the weekly gap picked off the Low in the Nasd Futures which matched up nicely … Continue reading
Daily Market Intelligence 11-21-19
Mid-Week Shuffle Looking for any sign that the technical model can turn. Bond Futures across the entire curve are trading @ their respective 50 DMA’s. Target is up a blistering 9% after earnings. The great rotation continues. Spoo & Nasd … Continue reading
Daily Market Intelligence 11-15-19
Mid-Week Shuffle with lots to focus on. That focus is on the overall technical model. Is this just another break to nowhere with a rally to follow? So far this is just another normal corrective-contra trend mid-week move. Spoo & Nasd/ … Continue reading
Daily Market Intelligence 11-8-19
Daily Market Intelligence 11-6-19
It’s a Risk On world with XI and Fearless Leader making nice. Commonwealth Currencies are picking up with a Risk on Board. Aussie held its qtly pivot with AUD/JPY leading the move. Loonie is showing a daily ORH pattern. It … Continue reading
Indices want to back and fill. The rotation is currently keeping the Indices in park. Long Energy, Banks Russia and China Internet names. the China rotation is spilling over into the gaming names. Long duration Bonds are being sold or … Continue reading