Oil…Point & Figure shows all new strength is needed for higher. I’m not a fan of chasing this strength. 30 Yr. Bonds…the next 10 ticks down can trap new shorts. DB…Deutsche bank is running the European Indices. Copper…has … Continue reading
Daily Market Intelligence 7-24-17
Daily Market Intelligence 7-20-17
Daily Market Intelligence 7-19-17
Daily Market Intelligence 7-14-17
I’m focused on 5667 unchanged for the past 2 weeks as a downside pivot. The resistance and upside pivots in the Spu’s & Nasd 100 haven’t changed. 30 Yr. Bonds would need to sustain over 152.09 for more bounce. OIL…still … Continue reading
Daily Market Intelligence 7-10-17
Both the Bunds and the Italian Bonds have hit downside targets. I don’t think there is a point left in the U.S. 30 without a descent bounce. Obviously this could take into next week to materialize. Just don’t lean on … Continue reading
GOOGL…893.37-915.30 is the remaining gap. If we’re to see a mid-week shuffle low in the Indices GOOGL should bottom somewhere into the Gap. Oil…I thought you’d see the selloff that started in London after the inventory #’s today. Short term … Continue reading
Complacency is back with the VIX trading into the mid 9’s. 30 yr. Futures standout with a Pit session & ADC ORL week working. Bunds & Oats show the same topping pattern. Pit only U.S. session 30 yr….I discount this … Continue reading