Euro..showing an ORL pattern by sustained price action below 116.64. Typical ECB price action. Look for a stronger dollar across the board going into today’s FX close. DJI & Midcap were bought all A.M. against Nasd names. Disney, Rails, Insurers … Continue reading
Daily Market Intelligence 7-24-18
LPNT is up on a buyout. HAS is up almost 9%. Earnings season is in full swing. Looking for muted trade ahead of GOOGL after the close. OIl…(U)..6940 should act as initial resistance.
PBOC weakens Yuan is the overnight headline The Dollar is bid along with slightly higher U.S. yields ( lower Bond Futures) September Oil (U) trade @ a $120 discount to August. August contract expires tomorrow. Lumber is getting oversold on … Continue reading
Daily Market Intelligence 7-17-18
Amazon…should see a retest to 1815.30, Friday’s High. Oil & Euro have filled out their Point & Figure charts. Give both time to set up. Oil… Netflix earnings after the close. Market is waiting more data and Trump-Putin comments.
Daily Market Intelligence 7-13-18
Daily Market Intelligence 7-12-18
Daily Market Intelligence 7-11-18
Daily Market Intelligence 7-10-18