Tag Archives: Dax
The Late Show
European bourses did not get to the low risk buy levels. I can make a case that there isn’t much downside left.U.S….It all about the rotation.XLY Consumer Discretionary & XLB Materials are trying to bottom. TSLA…316.50 fills its daily gap. … Continue reading
A.M. Look 11/13/17
30 Yr. Bonds…153.10 is today’s 200 DMA Nasd/Bonds are trading right on their oscillator. Nasd 100 Globex..today’s ORL# is 6281 where the resting sell stops are. I’ll need to see sustained and closing price action below 6272, today’s daily momentum … Continue reading
Daily Market Intelligence 11/13/17
Daily Market Intelligence 11-13-17
A.M. Look 11/10/17
I am going neutral all Equity Indices in tonight’s DMI The risk spreads in the U.S. have not capitulated the way the European spreads have. With the FTSE & DAX trading below / @ their respective weekly ORL #’s, its … Continue reading
A.M. Look 11/9/17
Nikkei has been leading. It hit its target last night after completing a 50% retrace of the past 30 years. It now has a daily ORL pattern working. Spu’s…2579.75 is today’s all session ORL. Nasd 100…6301.50 is today’s all session … Continue reading
Daily Market Intelligence 11/8/17
Daily Market Intelligence 11-8-17
Pattern Alert!!
The weakness started in late London with the DAX putting in an ORL. SPU pit session is trying if it can close below 2582.30. E-Mini would need a close below 2575.50. DAX… … Continue reading
DAX…YEN
DAX… You’re gong to see this type of price action given the general RSi’s ( overbought nature of most names) I prefer to wait for buying opportunity vs. top picking. … Continue reading
Daily Market Intelligence 9/5/17
Daily Market Intelligence 9-5-17
A.M. Look 9/1/17
Index traders should key off the NYSE opening. DAX held its 200 DMA on last night’s low. The spreads are acting well. A spike down into 2460 in the Spu’s after the # would be a low risk buy level. … Continue reading