Rip city.. There are so many ORH patterns at work i can’t keep track. Globex session U.S. indices have ORH’s. U.S. session does not. DAX,FTSE & EWG ORH Bonds…ORL’s Oil and most of the energy patch all have ORH patterns … Continue reading
The Long end of the curve is getting oversold short-term. DAX…12,747 is its 200 DMA. Dax would have to stabilize above to help stabilize the U.S. Indices. DJI…is indicated close to its 50 DMA based off the Futures. Spu’s..have done … Continue reading
Elvis will have left the building before GDP this A.M. The short end of the U.S. curve is tanking following the Bunds lower. The rest of the day is irrelevant. The Equity Index technical models are healthy. Europe and Japan … Continue reading
Daily Market Intelligence 1-02-18
Yra awoke me from my hibernation with his last notes of the year. https://yragharris.com/2017/12/28/theend/ FTSE is closing at new all time highs with an ORH month. DAX & Euro Stoxx 50 do not act well. Dow Jones & Spu’s will … Continue reading
Spu’s are trading basically where they opened up yesterday in the mid 2630’s. The long-term 50X3 P&F has not had a 50 point reversal since 2437. 200+ points. The medium-term 25X3 P&F completed a reversal a few minutes ago. … Continue reading
Daily Market Intelligence 11-28-17
The world indices were led higher by Asia. Germany shrugged off Merkel’s political woes. Equity/Bond spreads @ the long end of the curve are neutral. This means there is room to move on the upside. Brent..63.00 remains the upside hurdle … Continue reading
NIkkei has been running the board for the past week. 22,000 to 23,000 followed by a 5 day sell off to 22,000. Nikkei held early and rallied last night. It is now getting close to the breakdown level of 22,770. … Continue reading
The Mid-Week shuffle is in full swing. NIkkei is retesting its Oct. 30 level it rallied from trading slightly lower on the month. DAX..12,838.5 is where the Monthly ORL sell stops rest. Support is app 100 points lower. FTSE…blew off … Continue reading