Daily Market Intelligence 6:7:21
PBOC says markets are frothy and the Yuan slightly weakens. Spoo…3862.50 is the reversal # on the 50X3. Once again the algos trade in front of the level. Swiss Franc is trading through its 200 DMA. AUD/CHF is the interesting … Continue reading
Daily Market Intelligence 8-22-19
Daily Market Intelligence 10-19-16
CAD/JPY AUD/CHF GBP/USD Canadian Dollar Copper Mexican peso is working on the same pattern. Brazilian Real is putting in a bottoming pattern as well. Gold…this wants to trade the 200DMA @ 1135 for a start. It’s doubtful if it can … Continue reading
Stocks… ASX 200…the Aussie stock market is firm above 5264. EWA…sets up a little different than the futures. A close over 19.40 is needed to confirm higher AAPL…closing over 120.25 will start another leg higher. INTC…closing over 34.75 will lead … Continue reading