Micron (MU) is leading this A.M. 54.30 is the low risk buy zone. Euro put in an oversold bounce. It will still take closes over 118.35 to signal more. I’m expecting the Equity Indices to grind higher. Be patient for … Continue reading
Daily Market Intelligence 5-21-18
Daily Market Intelligence 5-18-18
Italian 10 yr. debt is overnight story. Euro weakened. I took a look at the long-term P&F to add some color to the move. This shows Euro at a level that will take some work to get through. Let the … Continue reading
Daily Market Intelligence 5-16-18
Euro…retested it’s last low. Until i see a close below today’s low that should be it for a bit. Spu stopped at the top of the gap. I need a 2696 print to put in a reversal on the long-Term … Continue reading
The Dollar is going to be King for a while responding to interest rate differentials. Euro failed. Grains: Everyone keeps asking me about the Grains. Wheat is a low Risk buy closer to $4.80 Soybeans and Corn need sustained and … Continue reading
Daily Market Intelligence 5-15-18
Nasd 100 is probing into it’s Pit gap and 6 day Island top from March. Buy breaks not rallies until we get a couple of closes over the high of the gap. DJI…needs a couple of closes above 24,900 to … Continue reading
Daily Market Intelligence 5-3-18