Bunds and U.S. Treasuries are bid against the Italian & Spanish debt. Gold has bounced with lower yields as well as major currencies against the Dollar. Short term P&F resistance comes in @ 1289. Euro..would need to sustain over 117.90 … Continue reading
30 Yr. Bonds…will take above 153.00, its 200DMA, to run out shorts. This instrument is into short -term oversold. Bunds and Gilts are strong (lower rates). There is more room in the U.S. Ten year/Bund spread to widen. Lower rates … Continue reading
This is as good a level as any to pay for your trades. 200 WMA in the Euro matching the 200 DMA in the Bonds.
Follow the Bonds..Thank you Yellen for the hawkish comments to bolster our Euro short. 30 yr. Bonds…Daily Continuation 30 yr. Bonds Weekly continuation. 30 yr. Bonds Weekly Active daily Continuation….currently trading @ weekly ORL level 153.16. Pay attention to how … Continue reading
Daily Market Intelligence 9-27-17
OIL..put in a reversal on the P&F. It can wallow around the rest of the day going into tomorrow’s Inventory #’s. All of yesterday’s directional trades are being unwound or reversed today with the exception of the EURO China names seem … Continue reading
Nasd 100/Bonds is trading right on its 50 DMA Spu/Bonds is sitting right on momentum support. Let the U.S. session be your guide. At some point I think we fill the gap in the Spu’s into 2468 although I presently … Continue reading
Daily Market Intelligence 9-26-17
FXE….here is a look at the FXE for those that don’t trade cash currencies or Futures. The high @ 116.40 was the 50 MMA matching the 2014 close in EUR/USD @ 120.98. EUR/JPY…132.50 is the bounce level. 30 yr. Bonds…I’m … Continue reading
Euro… held up rather well in the Asian session but gave way to sellers in Europe. COT data shows record long Euro positions. 118.28 is today’s 50 DMA. Look to sell rallies against the weekly close of 119.47. December Futures … Continue reading