Daily Market Intelligence 8-15-18
Spu’s have put in the reversal I was hoping to see with a 2820.50 print. It will take sustained price action in the teens for lower Euro decline has stalled all night @ the 200 WMA. It will take sustained … Continue reading
Daily Market Intelligence 8-13-18
Dog Day Afternoon There is nothing going on in the Index world. KIWI got crushed last night against the Euro & Aussie. RBNZ news The early session has been getting going later due to junior traders manning the desks as … Continue reading
Daily Market Intelligence 8-9-18
Daily Market Intelligence 8-6-18
Midday Missive Judd, here is your Midday Missive. One big defensive rotation. Names like PSA, MO. XLU & XLP have been bought against tech. Spu’s are being bought against Russell Silver & Gold rallied with the Bonds…I don’t believe in … Continue reading
Gold.. I have no reason to own it. 1205 can stall the fall. The qtrly chart shows mvg avg support around 1180. EURJPY is getting hung up @ it’s 50 DMA. This is stalling the Euro selloff. Today is typically … Continue reading
Bank of England raised rates. Dollar is stronger across the board. Euro has a pattern which could follow through to the downside Nasd 100 is putting in a flag on the long-term P&F. Indices are into bounce zones. HON…I’ll be … Continue reading
Euro is attempting to turn higher. I’m not going to read too much into it going into Month end. Nasd 100 held its 50 DMA Spu/Nasd..Globex session is into weekly mvg avg resistance. Let the day set up and see … Continue reading