Last night Spoo low was a retest of the qtly ORL# @ 4260. It is a significant near term hold #. The 100X3 comes ever closer to cloud support on the big breaks. Dollar buying is the overnight story. Whether … Continue reading
Daily Market Intelligence 1-21-22
Daily Market Intelligence 1-19-22
Crude is holding its qtly pivot which is now lining up with its 200 DMA. (support) Etherium held cloud support. Risk to own is the over night low. I’m going to keep an eye on the semi’s for clues to … Continue reading
Daily Market Intelligence 12-10-21
European Debt rollover. Volume is almost 50-50 Know what you are trading. Oil…6995 is today’s 200DMA Spoo…4575 is the reversal # for the 100X3. I have no preconceived notion on how we will trade today.
Spoo filled out the 50X3 overnight. It held. The late game will be to see if the indices close higher on the week. Oil…69.80 is today’s 200 SMA. Aussie is weakening. Interim support should be matched up with 160.75 EUR/AUD, … Continue reading
European interest rate futures are @ resistance. U.S. 30 yr. Yield, @ its 400 DMA, looks vulnerable to lower yields. Lower yields has the world running for cover in big cap tech and chips. Oil…67.05 is the 50 week which … Continue reading
Spoo filled out its 50X3 but has yet to give up a reversal print in the 100X3 Bonds are weak with the yield just poking up into the daily cloud, Oil…needs to find footing above 74.45 or risk running long … Continue reading
We nailed a lot of moves between 6:45 and 7:45 CDT. If you expect to get up, turn on your machine, and have clue @ 8:30 …Good Luck!! After 6 hours in the car I’m irritable. Indices I’ll leave for next week. … Continue reading