Daily Market Intelligence 5-30-17
Daily Market Intelligence 5-25-17
Daily Market Intelligence 5-24-17
Spu’s…long-term P&F has roughly filled out another reversal. Near-term resistance is @ 2365 ish roughly 20 points off the current low. The lowest risk sell level ( get short Spu’s with a 6-7 handle closing stop) is 2376-79. I would … Continue reading
Spu’s are putting in lower lows into the top of the gap. Nevah Evah sell weakness into a gap making lower lows as it’s a very high probability trap. I’ve seen a flush on the flash crash below a gap … Continue reading
Daily Market Intelligence 5-17-17
It’s a Risk On morning led by the FTSE, which needs one more good close up here to target another 400 Points of rally. HD is up 3 dollars. I’m looking for the Bund & Bond rallies to keep failing. … Continue reading
Daily Market Intelligence 5-16-17
Oil…is trading @ the 50% fib for the yr. trading between its 50 & 200 DMA’s. See how the U.S. opens up before you get involved. The Greenback is off against most currencies. Suisse is trading at its 200 DMA … Continue reading
Both our 30 yr. and the Bunds have similar patterns. Both are trading mildly oversold doing corrective bounces. 151.11 is today’s 50 DMA in the 30 Yr. It’s as good a place as any to expect price rejection. Indices…waiting … Continue reading