Tag Archives: Crude Oil

A.M. Look 3/29/21

Indices held last night. Spoo… the 50X3 shows a break to nowhere. 25X3 shows consolidation. Nasd held. Oil is neutral. Platinum has rolled to July(N) Gold has rolled to June (M) If you use an Active daily Continuation you should … Continue reading

A.M. Look 3/25/21

Copper is losing its shine to Gold. Most China related indices are trading @ their respective 200 DMA’s. U.S. Indices had an overnight bounce to nowhere. Spoo will need to sustain over the 200 period 3890 on a 240 minute … Continue reading

A.M. Look 3/24/21

Bonds have completed the initial wiggle I was looking for. Oil is an opportunistic two way trade. Long-term it’s in the middle of nowhere. Indices; Time frame trading. I’m not looking for anything more than a range back and forth … Continue reading

A.M. Look 3/23/21

Yields remain the story and will through today’s testimony. Euro…118.56 ( 200 DMA) ¬†is the hold level. Oil held a descent spot for a bounce. Gold is picking up against FX, broke down¬†against the Russell and is a day away … Continue reading

Daily Market Intelligence 3/19/21

Daily Market Intelligence 3:19:21

A.M. Look 3/5/21

Spoo’s…I will need a 3800 print to confirm yesterday’s low. The bigger game will be played out very late day. Yesterday’s low in the Spoo is the only level that matters!!! The Dollar and Oil are strong again this A.M. … Continue reading

Daily Market Intelligence 2/22/21

Daily Market Intelligence 2:22:21

A.M. Look 2/17/21

It’s all crypto against precious metals this A.M. March Bitcoin & Etherium Futures have been trading over Feb. 30 Yr. Bond Futures traded the next target level last night. Gold is sitting on the previous breakout level from June 2020. … Continue reading

Daily Market Intelligence 2/9/21

Daily Market Intelligence 2:9:21

A.M. Look 2/3/21

Good news is in the market. Today and tomorrow should see the last of the wrangling over the covid relief bill. Dollar is still strengthening while retaining its correlation with the Grain trade.Weak Greenback has = strong Grains. Oil…55.62 is … Continue reading