Daily Market Intelligence 6:11:21
Daily Market Intelligence 6-6-19
That’s 2 days in a row that the computers are creating a huge flow contra the early show just as London closes ( the absolute lowest volume time of the day). We will be using a day session 1353 buy stop in … Continue reading
Let’s buy some 30 yr. futures with a stop below today’s low. If the stocks and dollar continue to get hit this will be a low risk trade. Risk off… The 1st Cooper tgt is around 389. Thy pattern shows … Continue reading
So much for SINKO DE MARKETS DAY… We typically get a low for the rest of the month in the precious metals. Pattern alert GLD ( ETF)…this puts in an outside reversal lower week with a close below 145.45. We … Continue reading
Yesterday we nibbled on some Gold and Silver ETF’s.. Ouch! It’s painful to be early! The pain is only mitigated by the Short Aussie we hold against them.Silver needs to show some kind of a reversal in the next couple … Continue reading
Do not press the Spu shorts here. We are at a big intra day hold # in the oil of 109.50. 124 in the 30 yr. is a big time level and will not be easily breached the first time … Continue reading
More one way bets are being taken off. I would look for at least another figure in EUR/JPY, 118.50 level seems the first good sticking point. We still want to put the cross on around 117 ( long Euro/Short Yen) … Continue reading
We will buy the SDS today on a 21.45 “stop close only” This would put in an outside reversal day to the upside and signal more equity index weakness. Use this as a hedge against any existing longs or just … Continue reading