Tag Archives: Crude Oil
Daily Market Intelligence 5/21/21
Daily Market Intelligence 5:21:21
A.M. Look 5/12/21
Spoo…4120.50 ( weekly ORL#) is the point of control. Spoo risk spread has the potential to drop out of it’s uptrend and go neutral. This mid-week shuffle will reveal who is in control of the market. Russell & Midcap are … Continue reading
Daily Market Intelligence 5/12/21
Daily Market Intelligence 5:12:21
A.M. Look 5/5/21
Mid-Week Shuffle!!! Spoo has completed and filled out its wiggle back up. Short-term hurdle area is the Globex high into the low 80″s. Futures traders should sell another portion into this resistance area and await the NYSE opening. Oil has … Continue reading
Daily Market Intelligence 5/4/21
Daily Market Intelligence 5:4:21
Daily Market Intelligence 4/28/21
Daily Market Intelligence 4:28:21
A.M. Look 4/12/21
Reality check; Spoo is up 148.50 points on the qtr. Nasd up 711.25 Dow up 819 Keep picking highs because it can’t go any higher. Right you are! Volume is ultra light and the Bulls are in control until they … Continue reading
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