Oil is above its 50 Week MA for the first time since January. Inventories are tomorrow with today being Veterans Day in the U.S. We’ll take some time today to look for a longer time-frame way to play Oil demand. … Continue reading
Between China increasing its control of its internet companies and Trump acting like himself, the markets said no. Do your homework!!! I got caught up staring at a limited view yesterday and missed the key tell in the Gold. The … Continue reading
Spoo’s are completing a move I thought would happen yesterday. Spoo’s have that pesky Pit gap to contend with as well as the channel on the 100X3. Grains are bid. The Dollar reversed the past few days of strength moving … Continue reading
Daily Market Intelligence 11-2-20
Daily Market Intelligence 10-26-20
Buckle up for today’s drama. Stimulus, Will they or won’t they? Spoo’s have given me what I was looking for. Spoo/Bond retested its breakdown level from yesterday. Russell…point of control is 1626.80. NFLX after the close. Looking at the weekly, … Continue reading
Daily Market Intelligence 10-14-20
Daily Market Intelligence 10-13-20
China came back and so did the Yuan against its other pairs. All about China creating a tradable Bond market. We’ll discuss this and other things in the room today. EUR/CHN is of interest into its averages because the Euro … Continue reading
Maybe he’ll change his mind when they adjust his meds again. Keep your track shoes on. It’s a trade. Spoo…filled out the 50X3 to the downside and reversed back up. Hourly resistance is in the high 70’s. Better Point & … Continue reading