Baring the Twitter in Chief pounding his keyboard I’m not looking for much. I’ll be watching the December Corn to see it it can maintain above 4.45 30 Yr. Held its 50 DMA. Will the world want to be cautious … Continue reading
EUR/CHF shows all is not right in Europe. Spu’s have trades the target for the second time from 2017. Until i see two closes in a row over that level, it’s a trade what you see affair. Sold GDX … Continue reading
Daily Market Intelligence 8-31-18
Daily Market Intelligence 5-30-18
Daily Market Intelligence 10-12-17
Amazon…. EUR/CHF & GOLD/CHF….Long Euro/Short Suisse…Long Gold/SHort Suisse Both have had massive moves. 97.30 USD/CHF is the level to watch as this is app 2/3 rds of the way back from the opening to the close of … Continue reading
Stocks… UTX…had an impressive rally off yesterday’s low. Look for this to remain firm into month end. EXAS…as long as this is above 26.44 it has much higher targets, into the mid 30’s. REGN…408 is support and the downside momentum … Continue reading
Stocks… SPU’s… 2043 (50 DMA). This will be pivotal all day. AAPL…reports earnings today. 110 is 50 DMA support. FTSE…6650 is 200 DMA support. Bonds … BUND…157.75-50 is support. FX… EURO…price action over 112.75 will lead to more profit … Continue reading
Stocks… Spu’s & Nasd 100…trade the early NY price action paying close attention to yesterday’s lows. Line…needs sustained price action and a close over 11.00 for higher. BPT…has been behaving much better than Line with an ORH day. 74.85 is … Continue reading
Euro…We’ve seen a big rejection in both the Bunds and the U.S. 30 yr Bonds. Lower Bonds = lower currencies against the Dollar. A close today in the Euro below 129.70 is a sell on our work. A close below … Continue reading