Everybody is Bearish Equities and Bonds. S&P 500 & Dow are trading just a few points of either side of unchanged on the month. All they have to do for the technicians to be happy is close unchanged to higher. … Continue reading
Daily Market Intelligence 8-30-16
Daily Market Intelligence 8-19-16
Daily Market Intelligence 8-15-16
Daily Market Intelligence 7-20-16
Goldman…resistance starts @ 165.00 CME Group AAPL…
Oil…44.00 +- a few ticks is the next matrix level. CVX…102.46 is today’s ORL#. Today’s high @ 105 represents a weekly double top. The profit taking in the energy complex has not run it’s course. Oil is completing the ORL … Continue reading
Euro…Finally looking to give it up IUSDCNY…Offshore Yuan CME…potential ORH day Nasd 100.. 4386.25 is today’s ORL # There have been few places to hide today. PSA,XLU,XLP,WTR,MO,MRK,PFE,UNH,STZ & PG So far there has been no bounce after London’s close. This … Continue reading
Stocks… Nasd 100… 4400 +- a couple is support ( last weeks low). Nikkei…needs to close back over 20,500 for upside momentum. Bonds … 30 Yr. Bond…(M) June needs to press and sustain above 153.05 resistance for higher. App. 151.24 … Continue reading
Stocks… Spu’s…A close below 2060 is needed for downside. Sustained price action and a close is needed over 2095 for higher. VIX…13.35 is support. Closing below this level is needed for more upside in the Indices. DAX…held the 50 DMA … Continue reading