Daily Market Intelligence 6-27-16
U.S. Equity indices have had a nice relief rally although those gains have faded with the Nasd 100 failing to hold above 4353. EURO…111 is the downside closing pivot for the qtr. It’s a 4 P.M. CDT level. Most clients … Continue reading
Euro…106-105.50 is the next major level with sell stops below. YEN…we’re back to 2013 levels @ 99.01 USD/JPY 101.24 Futures. Given the 3 figure bounce off the level the next extreme is 94.88 USD/JPY 105.39 Futures. GBP/USD…elected the stops through … Continue reading
EURO…I’ve been waiting for a confirming close under 111.00 to sell Euro. EUR/JPY.. . GBP/USD… GBP/JPY…158.69 is weekly resistance. Spu/Bonds…Risk was on during early Wellington and never subsided As a day trader I’d look to fade the entire board for … Continue reading
Daily Market Intelligence 6-20-16
30 Yr. Bonds… GBP/USD…we’ll see how much more squaring up there is before London’s close as the truce in the Brexit campaign could last through the weekend. GOLD.. Spu’s need under 2062 to weaken and above 2078 to rally. … Continue reading
GBP/USD…this is a big blow off in the Sterling which matched up with the Sept Spu trading 1 dollar shy of it’s matrix. Gold has been in profit taking mode since late London reacting to the low in the … Continue reading
Daily Market Intelligence 6-10-16
Daily Market Intelligence 6-6-16
Spu’s… Nasd 100..that matching ORL level is 4486.25. I need sustained price action and a close below 4475 for lower. Euro…I thought you’s see this price action yesterday not today. The levels have not changed. Time Frame Trading.