Aussie is up against the Yuan. The yearly chart shows that the Aussie should be sold @ 71.64 (the yrly ORL #) with a tight stop. Euro is seeking its 200 WMA @ 113.15 The rising long end of the … Continue reading
Daily Market Intelligence 10-3-18
Daily Market Intelligence 10-1-18
Today is a major Gann day with quad witching. It can be a helpful timing indicator. https://www.investopedia.com/articles/trading/08/gann-indicator.asp The Dollar took a break in London with the Pound weakening and Aussie rejecting it’s 50 DMA. Aussie has recently been trading firm … Continue reading
Daily Market Intelligence 9-13-18
Dog Day Afternoon There is nothing going on in the Index world. KIWI got crushed last night against the Euro & Aussie. RBNZ news The early session has been getting going later due to junior traders manning the desks as … Continue reading
Midday Missive Judd, here is your Midday Missive. One big defensive rotation. Names like PSA, MO. XLU & XLP have been bought against tech. Spu’s are being bought against Russell Silver & Gold rallied with the Bonds…I don’t believe in … Continue reading
Daily Market Intelligence 6-15-18
Spu’s are trading into its pit gap. These next 10 points will be tough. Short-term traders should be patient for small pullbacks. Nasdaq has been the feature. With the spread once again knocking on the 20 Yr. all time high … Continue reading
Banks will be on the menu this A.M. with the break in the Bonds. BAC after trading to its 200 DMA yesterday is a low risk candidate, using the 200 DMA @ 28.70 for risk management. Many energy names all … Continue reading