Daily Market Intelligence 12-27-18
Daily Market Intelligence 12-24-18
It’s all about the currencies this A.M. Currency Futures expire with the exception of the Canadian Dollar which goes off the board tomorrow. Looking at the forwards, I’d expect an initial small rally. Dollar Bulls should keep their powder dry … Continue reading
Rates on the long end of the curve are still in rally mode. 30 Yr. is approaching its 200 DMA. The chart is DEC. With Equity Indices in back and fill mode and markets shut tomorrow for 41’s funeral, I … Continue reading
Daily Market Intelligence 12-3-18
Daily Market Intelligence 11-30-18
Daily Market Intelligence 11-29-18
The Long Dollar trade seems to be coming to an abrupt end. Euro & Swiss have daily ORH patterns. Same in the Euro crosses against the yen & Yuan GOOGL is leading the NasdĀ with an ORH pattern. 1109 is … Continue reading
Gold in Euro is putting in an ORL day. The dollar looks to keep rallying against the Pound & Euro. Canadian is getting hit on the GM closings and the failure of Oil to hold above its 200 WMA @ … Continue reading
Big ranges last night in the Indices. I’d look for a retest of last night’s extremes during the U.S. session. Spu 25X3 Piont & Figure shows a small double bottom @ 2655. Euro..113.00 should be respected as it’s being bought … Continue reading