The long end of the curve is driving the board. Waiting for the next shoe to drop and that is China! Platinum is into support. Copper hit support @ 4.49. The game is afoot with a Full Moon Thursday into … Continue reading
Daily Market Intelligence 2:10:22
Wednesday Rules, coupled with the Nasd closing on its 200 DMA, should ‘ve been enough to cover shorts and wait! The rules work! Platinum is stretched. Copper has been in a big consolidation range since Oct. Wheat put in an … Continue reading
Should not surprise to see a big two way trade today. Do not get sucked into early weakness. Trade it but don’t get marrieds to it. Sustained weakness has to be late day for the bears to win. Copper broke … Continue reading
The Dollar is strong. I’m still looking for a reversal on the 100X3 with a 4625 print. Copper rallied into Matrix resistance. BG…Bunge has been putting in higher lows, trying to take out its .618 of life of contract.
Spoo Pit/ 30 yr. Yield picked up the 4625 reversal level in the mini’s. 4675 is the upside reversal # on the 50X3 The more confirming data you can find for a trade the higher confidence you will have trading … Continue reading
Italian debt is into resistance with the Bund and U.S. 5 yr. charts showing room for rally. Natty, Aluminum and Copper are bid. Etherium is leading crypto. Targets are much higher. A break into unchanged on the week would provide … Continue reading