Tag Archives: Dax
Daily Market Intelligence 12/5/16
Daily Market Intelligence 12-5-16
A.M. Look 12/5/16
Euro has a potential ORH day working with a close over 106.91. This is the same level it rallied from November 2015 after Draghi disappointed at an ECB press conference. Equity/Bond spreads are bid. As long as the Spu’s stay … Continue reading
Daily Market Intelligence 11/3/16
Daily Market Intelligence 11-3-16
Daily Market Intelligence 11/2/16
Daily Market Intelligence 11-2-16
The Late Show
Equity/Bond spreads are all showing ORL’s. This started with the DAX. Spu’s have filled its day session Gap @ 2101.50 from July 7th. Right now the algos are content to keep selling. If it gets stupid this afternoon 2075 Spu’s … Continue reading
Daily Market Intelligence 10/21/16
Daily Market Intelligence 10-21-16
Midday Missive
2132 has held in the Spu’s.DAX…is creeping up. While this is happening do not think of selling U.S. indices. XLV…will be in play later in the day as it is setting up for a breakout of its range. be patient … Continue reading
Midday Missive
Same deal just another day.Another U.S. session opening range trade. London remains the whipping boy. The high in the Dax does not make one overly bullish the U.S. gong into the afternoon session. Time frame trading. The rally has been … Continue reading
A.M. Look 10/10/16
DAX shrugged off bad Deutsche Bank news (which is trading slightly higher) climbing back overt its 50 DMA @10,520. Mexican Peso has rallied close to its 50 DMA @ 188877 USD/MXN and is starting to get overbought. Gold held its … Continue reading
A.M. Look 9/27/16
30 Yr. Bonds…are coming into weekly resistance above 168.24. Bunds…have room to rally further, with a weak DAX driven by worries about DB which is trading lower. Asian euphoria over a strong showing by Hillary has since faded with … Continue reading