RBA turns hawkish. My levels for the Aussie are much higher. EUR/AUD semi-annual shows a potential bounce level. Colgate and Advanced Auto parts should be monitored for a long trade.
Risk spreads are positive. Indices are positive. Today AMZN. AAPL, GOOGL, and MSFT led. Square ran out of the opening. Facebook has catchup potential. Nasd 100 closed on its 200 DMA. RBA is tonight. Macro buy stops are just over … Continue reading
Spoo filled out the 50X3 overnight. It held. The late game will be to see if the indices close higher on the week. Oil…69.80 is today’s 200 SMA. Aussie is weakening. Interim support should be matched up with 160.75 EUR/AUD, … Continue reading
Daily Market Intelligence 7:20:21
Daily Market Intelligence 5:13:21
Daily Market Intelligence 10-29-20
Buckle up for today’s drama. Stimulus, Will they or won’t they? Spoo’s have given me what I was looking for. Spoo/Bond retested its breakdown level from yesterday. Russell…point of control is 1626.80. NFLX after the close. Looking at the weekly, … Continue reading
Crude hit a 50% level and backed off. This is the price action you’d expect to see. Now it’s about today’s mid-week shuffle low. How and where it holds is important for a continued rally. Aussie rallied to this years … Continue reading