EUR/AUD…followed through on its ORH pattern by doing a 50% retrace for the past 30 trading days last night into 147.70. U.S. Equity Bond spreads are stalling out. Look for corrective trading into next week. With the Spu’s coming close … Continue reading
Daily Market Intelligence 7-21-17
Daily Market Intelligence 7-19-17
Daily Market Intelligence 7-17-17
Daily Market Intelligence 7:13:17
I’m focused on 5667 unchanged for the past 2 weeks as a downside pivot. The resistance and upside pivots in the Spu’s & Nasd 100 haven’t changed. 30 Yr. Bonds would need to sustain over 152.09 for more bounce. OIL…still … Continue reading
Daily Market Intelligence 7-7-17
Spu’s… As Long as they maintain above 2416 they are range bound to higher. So far the rotation out of Oil names has had a limited effect. I like NFLX,FB against today’s low for new longs. PYPL & SQ are … Continue reading
GOOGL…893.37-915.30 is the remaining gap. If we’re to see a mid-week shuffle low in the Indices GOOGL should bottom somewhere into the Gap. Oil…I thought you’d see the selloff that started in London after the inventory #’s today. Short term … Continue reading
Complacency is back with the VIX trading into the mid 9’s. 30 yr. Futures standout with a Pit session & ADC ORL week working. Bunds & Oats show the same topping pattern. Pit only U.S. session 30 yr….I discount this … Continue reading