Daily Market Intelligence 7-31-18
Spu’s likely short term bottomed. VIX overran its 200 DMA Nasd 100 elected sell stops below 50 DMA The selling abated this time Friday. AMZN, so far, failed to fill the gap @ 1762 Time frame trading the rest of … Continue reading
Edward Life sciences is getting a bid off the hourly and half day bars. AMZN tried to fill its gap @ 1762 stopping short into its 21day mvg average. GOOGL went into its gap and bounced. Spu’s will be under … Continue reading
Daily Market Intelligence 7-30-18
Daily Market Intelligence 7-27-18
Euro..showing an ORL pattern by sustained price action below 116.64. Typical ECB price action. Look for a stronger dollar across the board going into today’s FX close. DJI & Midcap were bought all A.M. against Nasd names. Disney, Rails, Insurers … Continue reading
Facebook..give it time to digest to see possible bottoming action. Monthly and quarterly momentum lies in the mid 160’s. This is the long-term trend hold area. PayPal …has the same 2-day island as FB. PYPL has a greater chance to … Continue reading
Daily Market Intelligence 7-18-18
Daily Market Intelligence 7-17-18
Amazon…should see a retest to 1815.30, Friday’s High. Oil & Euro have filled out their Point & Figure charts. Give both time to set up. Oil… Netflix earnings after the close. Market is waiting more data and Trump-Putin comments.