daily-market-intelligence-1-4-17
daily-market-intelligence-12-20-16
Daily Market Intelligence 12-5-16
GBP/JPY…Daily..albeit the daily is getting overbought this cross is spiking through its 200DMA and last qtr’s high. 143.25 needs to hold to keep the pattern intact. 2 yr Fib retracements do not appear until 151.66 GBP/JPY..Qtrly Equity Indices look to … Continue reading
The correction in the currencies abated going into London’s opening with the strength of the Bund vs the U.S. 10 yr. continuing to bring out sellers in the Euro. Yen had the biggest straight dollar correction, with the crosses against … Continue reading
Daily Market Intelligence 11-21-16
TSCO…any traders who bought this A.M. should pay for the trade and use a breakeven stop on the rest. Anything close to 65.40 is the exit zone for the rest. U.S. Indices are sloppy at best and currently reacting to … Continue reading
Gold is leading the rally into the new month as it strengthens against the Continentals, Yen & Yuan. 1293 is Fib resistance. Bunds…are oversold and could easily see a relief rally just shy of 163.00 gong into Thursday morning adding … Continue reading
The Bunds and the Bonds are trying to bottom for a bit. I’ll be closing out UVXY calls that expire today on the opening. Less is more today.
Bonds are running the spreads… Gilts…the world was positioned for a rate cut in Britain. OOOps! better than expected data has traders hitting the sell button at the same time. Bunds…negative weekly pattern into initial cloud support 30 Yr. … Continue reading