Daily Market Intelligence 6:9:22
Spoo…4223 ish is first support. 4200 is needed for a reversal on the 100X3 Gold is trying to hold. Expect more volatility during the ECB Q&A.
Daily Market Intelligence 3:10:22
Gold finally put in a reversal on the 100X3. This needs to gestate before considering another long. GoldinEuro needs to at least catch up to the purple momentum line. Time correction or just a correction? Either way it will be … Continue reading
Daily Market Intelligence 7:22:21
Cliff notes tonight. Solar eclipse in the A.M. in North America. Looking for a volatility event. We’ll find out in the A.M. if its the ECB or CPI runs the board. Spoo/Bond closed under its 50 DMA for the first … Continue reading
Lagarde threw down the gauntlet yesterday for European Bond vigilantes daring them to test her resolve. ECB working on digital currency to be launched within 4 years. Nasd 100 is approaching it’s .618 Fib resistance. MU…Micron is leading the chips … Continue reading
Daily Market Intelligence 3:12:21
Italian debt has filled its rollover gap. The Bunds have more room. Central banks and nations are pumping money making selling a rally in the U.S. bonds a better endeavor after ECB or noon U.S. auctions. When Bonds rally so … Continue reading