Daily Market Intelligence 10-16-19
I’m just focusing on the Nasd 100. The spread is trading around its 200 DMA. The 100X3 shows that sustained and closing strength over the 79 Teens will be required for upside. Europe is leading with the EURO Stoxx 50 … Continue reading
This time it’s for real? Nasd/Bonds are trading @ its 200 DMA. This is the level we broke from 10/1/19. Spoo..100X3 shows room to 2986 ish Aussie low this week looks good. The Peso is strengthening along with EWW,now trading above … Continue reading
Trade deal has faded into oblivion. Powell’s speech in Denver this afternoon has the potential to be a very large market moving event. Expect market volatility if Powell starts walking back a rate cut. All U.S. Treasury Futures held their … Continue reading
Daily Market Intelligence 10-8-19
European Indices have ben strong since London came in. This strength is leading traders to push up U.S. Futures up ahead of of the U.S. opening. Oil…53.66 is the 200 WMA. Do not over trade the level. 30 Yr. Bonds…daily … Continue reading
Daily Market Intelligence 10-7-19
Daily Market Intelligence 10-4-19