GOOGL has received a 2.7 Bil fine from the EU. It’s trading @ 960 pre market, the bottom of the gap. Price action @ this level will run the Nasd 100. The Dollar is coming into closing support again … Continue reading
Daily Market Intelligence 6-27-17
Daily Market Intelligence 6-26-17
We’re getting back to volatility and bigger mid-week shuffles. Spu’s…double top…double bottom… AMZN…anything into the low 950’s is a potential bounce zone into its 50 DMA @ 950.50. QID…today’s resistance is @ 17.75. The above is a matching level where … Continue reading
The board is decidedly Risk Off. 30 yr. Bonds are bid over its 200 DMA @ 156.05 (June) with Gold and Yen strength in lock step. Gold…100X3 P&F Gold/EURUSD…broke out over its 200 DMA. See how New York … Continue reading
Daily Market Intelligence 6-6-17
I’m in wait and see mode until the NYSE comes in today. The 200DMA in the June Bonds have caused a some profit taking keeping the Risk spreads positive. Thursday is the British Election. Comey testimony is Thursday when you … Continue reading
Daily Market Intelligence 6-5-17
June 30 Yr. Bonds…200 DMA is 156.10 today. I would not be looking for more upside today. Nasd 100 Pit gap is @ 5823 I would not be looking to add Risk today after reaching the Spu target. Grains are … Continue reading
Daily Market Intelligence 5-31-17