Daily Market Intelligence 3-23-20
Swiss National Bank to the early rescue. EUR/CHF was showing ORL day when Equity buying from the alchemists ran this first rally. Their favorite names AMZN,AAPL,MSFT led the rally. Russell held its 200 MMA which helped. This is a dating game!!!!!!!!! AUD/JPY … Continue reading
Spoo held a big macro level after the Nasd 100 ran the yearly ORL sell stops and held. 30 Yr. Bond Pit gap fill lined up perfectly with the game. Spoo…2601 fills gap. Buy stops are @ 2623.75 KSU & Cost … Continue reading
One level to the next in the Spoo’s. Utilities put in a descent low. Many of the sectors have room to bounce. Trade the name/sector or index off its own technicals AAPL..291 ish is resistance
Daily Market Intelligence 2-19-20
Instrument are once again at inflection levels. 30 yr Bonds, Spoo’s , Nasd 100 & Gold. Indices are trading at their respective daily ORL #’s Spoo…3365.25 Nasd 100…9588 Gold…will need close to 10 dollars higher to for breakaway on the … Continue reading
Daily Market Intelligence 2-6-20
AAPL led out of the gate. Both the Spoo’s and AAPL have hit resistance. Shopify has been a leader in this Bull. It has lost momentum. I continue to treat the board as a trade. Me thinks the Mutual Fund … Continue reading
Daily Market Intelligence 2-3-20
AAPL..315.65 is the point of control the rest of the day. Gold broke out against the Platinum confirming Risk off early in the session. Gold is attempting an ORH against the Yuan. GOOGL…sell stops @ 1435 Spoo’s…have so far failed … Continue reading