Tag Archives: CME Group Futures

A.M. Look 9/23/19

Bonds have given nice equidistant swings over the past couple of sessions. European Debt instruments have room to the upside. This is a matter of when and how these Futures trade higher. Grains…Corn seems to have the most potential. Crude … Continue reading

A.M. Look 3/20/19

May (K) Oil is trading app +24 cents over April (J) Inventories come out @ 9:30 CDT. 58.17 is rough support in April. The bigger averages and momentum support come in @ 57.36. This will be the only instrument in … Continue reading

A.M. Look 12/18/18

Crude..48.50 is the next general level. Then it drops another 2 dollars. Spu’s could rally as high as2590 and not change the short-term picture

Midday Missive

Oil…60.75 is the weekly ORL # Yen crosses are getting into daily oversold territory. AUD/JPY,GBP/JPY & EUR/JPY. When i see something like this it smells of a short covering rally after London’s close in the Indices. The bigger game will … Continue reading

A.M. Look 7/27/17

DXY…Dollar Index came within ticks of the next target a shade below 93.00. This is another example of an ORL with a very low RSI having limited follow through.   OIL…spent all night looking for new buyers, only to find … Continue reading

Daily Market Intelligence 5/9/17

Daily Market Intelligence 5-9-17


Crude needs to close over 43.54 to maintain pattern integrity on the 24 hour chart

Midday Missive

OIL…is not helping the Indices. This could easily trade down to $49.00 by remaining under 52.25. FYI…This will be Yen & Bond positive …Equity Index negative.

A.M. Look 1/16/15

Stocks… ORL’s abound. Spu’s, Nasd 100,IBB,PANW,XLK,XLV,IWM…the list is too long!   IBB…took off it’s party hat yesterday with an ORL day. Biotechs have been bucking the trend for a while. 303.35 is the 50 DMA. This is where the rubber … Continue reading

A.M. Look 12/31/14

Stocks…   Spu’s…an early break into the mid to low 2060’s should be bought with a tight stop.  Nasd 100…an early break into the low 4260’s should be bought with a tight stop.  IWM… A close today over 120.97 puts … Continue reading