Spoo…will need a 4550 print for a reversal on the 50X3. This also lines up with the bottom of value and momentum on the 25X3. Russell gained on the Spoo, which is holding with higher rates worldwide. Apple is trading … Continue reading
Oil elected its weekly ORL sell stops last night. Be attentive to the level! 5-30 Yield is still trying to print 682, the level it broke out from in March 2020. Currently trading just below the half of life Fib, … Continue reading
Daily Market Intelligence 10-28-21
hi Judd – hot off the press: https://youtu.be/QFhvaSm0On4 Spoo’s have done nothing except a small pressure relief back and fill !!! The first sign of weakness would be a 4550 print. Spoo/Bond held on the 240 min. Russell is doing … Continue reading
Daily Market Intelligence 10-21-21
This in lieu of tonight’s DMI. Technical models that had a chance of changing direction have not. Models are up. It’s long the world in assets denominated in Yen. We’ve been featuring these looks for days. The more I look … Continue reading
Spoo…4479.75 is support. I will be paying very close attention to the Spoo/Yield chart for a retest of the highs. A breakout above would signal a massive risk chase.
Daily Market Intelligence 10-15-21
SX22..Jan Soybeans above 12.11 have bounce potential. Late day the room discussed interest rates with Yra. This current bounce was triggered off a technical level in Gilts and the 30 Yr. Monthly cloud. The yield shows mvg avg support @ … Continue reading
It’s Always a tough trade when the Futures trade into a big Pit gap overnight. Take it slow early to see how the Spoo probe the gap. Last nights low was a good place to bounce from, although you’d like … Continue reading