Nothing more to say. Full Moon Trading with a Solar eclipse. Spoo hit top of channel at the same time Nasd traded it’s target for this swing. Those prices were scene just before London’s open and Austria announced a full … Continue reading
CRUDE; CLF22 is front month. Mind the discount which is $1. Matrix levels are front month #’s It’s freakin Wednesday with a Full Moon Friday. Pay attention to the game! Yra & Kevin Duffy with thanks to Financial Repression Authority … Continue reading
Nikkei followed through last night into short-term resistance. Spoo/Bond is into resistance with Russell/Bond above. Russell 50X3 resistance is 2419-22.50. Crypto patterns are negative. Pattern follow through should be monitored for today’s price action. Energy has room to the downside. … Continue reading
Long day so it’s the short form tonight. TSLA ran the show with AMZN/TSLA trading into resistance as TSLA hit support. Spoo; the sweet spot for a buy is between 4590-4625. Oil acts well. Today’s conversation with Yra and Andrew. … Continue reading
Oil elected its weekly ORL sell stops last night. Be attentive to the level! 5-30 Yield is still trying to print 682, the level it broke out from in March 2020. Currently trading just below the half of life Fib, … Continue reading
Don’t fight the flow. Spoo..risk is last night’s low, which matches up with the weekly oscillator. Japan news saw investors avoid the Nikkei and buy Gold, which is above the daily cloud. Energy…follow the yellow brick road. Look for prices … Continue reading
Spoo…It will take a 4587.50 print for a descent back and fill. Oil…traded exactly as discussed. Copper…is currently trading above the ORL sell stops. Give the board a chance. If the Indices are to back off it will take a … Continue reading
Daily Market Intelligence 10-21-21
Spoo rallied 120 points into resistance before putting in first pressure relief reversal. 4425 print is needed on the 50×3. Crude should be firm for another 2 days. European debt is the feature today. let the day unfold.