IYT…Transports stay firm above 163.24. Transports are poised to play catch up. SQ & ADSK trade well. SNAP is worth a go with a 30 cent stop to see if this formation will be a bottom. HON…Honeywell is … Continue reading
Daily Market Intelligence 2-21-17
FB…needs a good close over 120 to extend. AMZN is trading to one mvg avg resistance level, backing off and moving to the next Financials… look at each instrument in its own light. I.E. Raymond James (RFJ) appears to be … Continue reading
Daily Market Intelligence 10-17-16
DAX shrugged off bad Deutsche Bank news (which is trading slightly higher) climbing back overt its 50 DMA @10,520. Mexican Peso has rallied close to its 50 DMA @ 188877 USD/MXN and is starting to get overbought. Gold held its … Continue reading
Oil… CRM…Salesforce has been in rally mode since 5:30 A.M. CDT when it was trading in pre-market just over 72.30. It has now reached its first objective @ its 200DMA 75.19. Natgas…i have an old closing level @ 3.31.
TQNT…is attempting an ORH day. CRM…attempted trend support @ 57.45 and is now looking up. LVS…a close above 68.60 puts in an ORH day. This would be an upside breakout. FEYE…looks to run up to 32.20 SMH…50.72 is support. A … Continue reading
Stocks… Spu’s…1894 is resistance. QQQ…the upside breakout is a close over 88.30. Yesterday’s low is your risk to be long (86.50 Close). PCLN…maintaining and closing over 1196 should see this rally to 1248. UNH…United health care is another beaten up … Continue reading