Daily Market Intelligence 5:17:22
Energy priced in Yuan held for another sizable rebound. Oil can run out of steam either side of 105, depending on Chart.Spoos have come back to yesterday opening. Volatility should remain high. Be patient for your opportunities today and be … Continue reading
Wednesday Rules. Crude and Gold denominated in Yuan are both at critical must hold levels. Violations tonight into tomorrow could see the unwinding of more Commodity Yuan based trades. Gold needs to holding the mid 1820’s or it will retest its … Continue reading
Central bankers week and the winner is Russia! Elvira has managed to overcome sanctions and keep a stable currency. Spoo..have room for a rally to 4264 and Nasd 13,460 ish. I’m bearish but I don’t want that to let that … Continue reading
It’s all about the Bond reaction to the balance sheet and tomorrows Q&A. Does the 30 Yr. Yield breakout of its 40 year trend line or do we see a big short covering rally in the Futures. FX should follow … Continue reading
Nasd/Bond is weak. key off the matrix in Nasd. Gold & Oil saw the biggest bout of profit taking last night. Pay attention to your Index Pit gaps to the downside in the Indices after the opening.
Month end. Amazon elected the sell stops of the past two years. Support starts around 2500. Apple is trading around its 200 DMA. Spoo will need a 4225 print to rollover again. Nasd..13,500 is now closing resistance. Yra asked the … Continue reading
Spoo filed its rollover gap @ 4409. Street is expecting a hot CPI in the A.M. Both the Spoo & Nasd are setting up for another standard deviation swing lower. Without a bounce after tomorrow data, longs will be looking … Continue reading
Indices are coming into support with Nasd Matrix within striking distance of qtly matrix. GoldinYen leading Metals complex. Gold/Silver into averages. Silver is leadiing. Oil…Pit gap trading. 30 Yr. Futures look to gap lower. Kansas City Wheat….11.644 is the start of … Continue reading
Risk spreads are positive. Indices are positive. Today AMZN. AAPL, GOOGL, and MSFT led. Square ran out of the opening. Facebook has catchup potential. Nasd 100 closed on its 200 DMA. RBA is tonight. Macro buy stops are just over … Continue reading