Daily Market Intelligence 7-17-19
Mid-Week Shuffle Gold is soft against the Currencies and Copper. Spoos put in a reversal last night on the 25X3. The range is fairly wide. It will take below 2965 or above 3K to get a new signal. 30 Yr. … Continue reading
Daily Market Intelligence 7-8-19
Daily Market Intelligence 7-1-19 Daily Market Intelligence 7-1-19
It’s shaping up to be a morning to let the market tell us what is what. Bitcoin and Oil are the two instruments that have responded the way I thought. 13,500 is the .618 of the life of Bitcoin Futures. … Continue reading
Daily Market Intelligence 6-26-19
Oil…daily ORL sell stops are @ 56.66. This level will be pivotal for the next swing. LITE, INTC & NVDA are firm. Spoo & Nasd 100 are being bought against the Russell & Midcap. Trailing stops for the Russell …caution … Continue reading
EUR/CHF shows all is not right in Europe. Spu’s have trades the target for the second time from 2017. Until i see two closes in a row over that level, it’s a trade what you see affair. Sold GDX … Continue reading
We know that the new matrix level posted in the Gold is good. Gold looks best against the GBPUSD & AUDUSD. Gold/YUAN is putting in an ORH qtr with a cloud breakout. FYI…so is Gold/USDDEM 30 Yr. Bonds remain firm … Continue reading