Tag Archives: Crude Oil
Daily Market Intelligence 8/3/17
Daily Market Intelligence 8-3-17
A.M. Look 7/31/17
Nasd 100…100X3 P&F shows a consolidation pattern. A couple of closes over 5927 will see this pattern resolve itself to the upside. Oil…needs to maintain above its 200 DMA @ 49.40. Let the U.S. session set up.
Daily Market Intelligence 7/31/17
Daily Market Intelligence 7-31-17
Daily Market Intelligence 7/28/17
Daily Market Intelligence 7-28-17
A.M. Look 7/27/17
DXY…Dollar Index came within ticks of the next target a shade below 93.00. This is another example of an ORL with a very low RSI having limited follow through. OIL…spent all night looking for new buyers, only to find … Continue reading
Daily Market Intelligence 7/27/17
Daily Market Intelligence 7-27-17
A.M. Look 7/26/17
OIL…it will take 2 closes over 48.50 for a convincing upside breakout to retest the upper end of this years range. Euro…held a retest of the yearly ORH # @ 116.17. Sustained and closing price action below this level … Continue reading
Daily Market Intelligence 7/26/17
Daily Market Intelligence 7-26-17
A.M. Look 7/25/17
Oil…Point & Figure shows all new strength is needed for higher. I’m not a fan of chasing this strength. 30 Yr. Bonds…the next 10 ticks down can trap new shorts. DB…Deutsche bank is running the European Indices. Copper…has … Continue reading
Daily Market Intelligence 7/24/17
Daily Market Intelligence 7-24-17