Daily Market Intelligence 3-25-19
Daily Market Intelligence 7:12:17
Stocks… Bonds … 30 Yr. Bonds…(M) 161.10 is a descent resistance level for today. BUNDS…(H) Futures expire today. June (M) is front Month. FX… EURO…To elicit any meaningful short covering, you’d need to see price action over last night’s … Continue reading
Stocks… AVGO…put in an ORH day. If this holds early and starts up it can go. Opening range trading 101. RCPT…put in an ORH day. If this holds early and starts up it can go. Opening range trading 101. PCYC…the … Continue reading
Stocks… SPU’s…2093-95 will be pivotal all day. The index can hold here, however sustained price action under will lead to more profit taking. DAX..11,200 is the hold level. Sustained price action below this level will have me looking for a … Continue reading
Stocks… GOOGL… 554-550 is the low risk buy zone NFLX…shows a potential weekly double bottom @ 470. Below, all the new longs will get run out. PRU & CB… are two financials that put in ORH days yesterday. As long … Continue reading
Stocks… NXP,FSL & ACT are in the news this A.M. Euro Stoxx 50…would need sustained price action under 3563 for profit taking to ensue. Bonds … 30 Yr. Bonds…(H) needs over 147.27 resistance for higher. FX… DXH5…Dollar Index needs … Continue reading
Stocks… Long NASD 100 & Spu’s vs Short treasuries have been grinding. Both need to hold on the daily charts to not roll over. The weekly Spu/Bonds show a topping pattern, at least one that needs time to work off … Continue reading
Stocks… OXY…as long as this remains above 79.35 close, look for higher prices. CVX…110.00 is resistance and the closing upside pivot. MRO…Marathon is a low volatility name. As long as this remains above 28.40 close the pattern is positive. Closing … Continue reading
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. Euro Stoxx 50…price action under 3498 will run out weak longs. DAX…10,900 is the hold level. Nikkei…18,425 is today’s ORL # Bonds … … Continue reading