Daily Market Intelligence 8-28-17
Daily Market Intelligence 8-24-17
Spu/Bonds have failed under its 50 DMA. The Wednesday high is confirming that the recent rally is over and the market is set for more turmoil. UVXY..I’m looking for this to test 37. Given the calendar next week you should … Continue reading
Spu’s…25X3 Point & Figure shows the initial reversal. Patience is needed at these level in the Spu’s & Bonds as SPU/BOND spread is trading right on its 50 DMA. It will take into the U.S. opening and some more price … Continue reading
Daily Market Intelligence 8-14-17
Equity /Bond spreads are not acting well. The downside pattern follow through is continuing despite AAPL Two observations about the Treasuries. First its the beginning of a new Month and the mindless think they can fade ECB bond … Continue reading
30 Yr. Bonds…153.16 is the pattern retest level. Bonds either hold here or break another half point back into 153.00 its 200 DMA. United Health Group and the banks show early strength. It will take through the NYSE opening … Continue reading
Daily Market Intelligence 8-2-17
SMH & Bud continue to shine. PYPL & SQ..there is nothing to do but stay the course. OIL..will take until the inventory release @9:30 CDT to determine whether this is a Wednesday high and another rally to nowhere or it … Continue reading
Daily Market Intelligence 7-26-17