Aussie is into the qtly pivot. Spoo is @ point & figure resistance. It will take all new strength above to press on. China lockdowns are having an adverse effect on Oil. Bonds are nowhere. Be patient for opportunity.
RBA met and decided against YCC. Aussie is a tough read. I looked at AUD/JPY, EUR/AUD, AUD/YUAN and I can’t get a good read. At least I can’t get a look that would entice me to do anything. Crypto is … Continue reading
Daily Market Intelligence 10-22-21
Yuan strengthened overnight and so did Corn, Soybeans, Copper and Crypto. Euro/Yuan and Aussie/Yuan are worth keeping an eye on given recent trade tensions 30 Yr. Bonds have been doing a 2 Month time correction. It will take closes over … Continue reading
Copper is trading close to its all time high yearly close. Per room discussion last week, a couple of closes up here will elect a 40% rally. Shanghai sold off last night , however it looks to be a one … Continue reading
Daily Market Intelligence 2:8:21
Daily Market Intelligence 1-27-21
Daily Market Intelligence 1-6-21