Tag Archives: Crude Oil
Daily Market Intelligence 11/27//17
Daily Market Intelligence 11-27-17
A.M. Look 11/22/17
Have a safe and happy holiday. Risk spreads are positive. I’m looking for a melt-up all day. You know the Wednesday drill. Buy early /Not late. Rule #1 Do not initiate new longs at the end of the day!! The … Continue reading
Daily Market Intelligence 11/21/17
Daily Market Intelligence 11-21-17
Daily Market Intelligence 11/20/17
Daily Market Intelligence 11-20-17
A.M. Look 11/17/17
It’s Friday, the later in the day it gets the more scarce sellers will be. EUR/AUD…156.71 is monthly mvg avg resistance. Expect this cross to remain bid into the close, however it’s not worth getting involved at these levels. Spu’s … Continue reading
Daily Market Intelligence 11/15/17
Daily Market Intelligence 11-15-17
A.M. Look 11/13/17
30 Yr. Bonds…153.10 is today’s 200 DMA Nasd/Bonds are trading right on their oscillator. Nasd 100 Globex..today’s ORL# is 6281 where the resting sell stops are. I’ll need to see sustained and closing price action below 6272, today’s daily momentum … Continue reading
The Late Show
We’ve seen this P&F pattern before. Same pattern as the Oil yesterday. Theses are directional traps the first time down. See where the rallies stop. Currently you’ll need back over today’s opening range of 2577 to stop traders from selling … Continue reading
Midday Missive
The back and forth Index war between the Bulls & Bears won’t be decided until later today. Oil & Natgas names are leading the bottom fishing rebound. Time frame trading the rest of the day
Midday Missive
Oil has tried it both ways. Today’s ORL # is 56.83. The early low was one of those scene of the crime #’s I like to talk about that produced the bounce. Closing below today’s low would have me saying … Continue reading