Daily Market Intelligence 10-11-17
EWP,EWC,GDXJ need to be monitored for potential topping pattern. MLM is putting in a negative pattern however it would take a close below 229 for a more profit taking. QID…place a 16.72 Stop GTC. (Good Until Canceled) Add 25% more … Continue reading
Daily Market Intelligence 3-30-17
Daily Market Intelligence 3-29-17
Italy,Germany & Spain are leading the board with lower Bond yields in Europe. EWP..Spain runs into resistance @ its 20 DMA @ 26.62. EWI…resting buy stops are @ 23.44 last qtr’s high. If elected, look to tighten up your trailing … Continue reading
EUR/JPY…next stop 134.14 with macro sell stops below. Investors sold the news and the rally in U.S. Equity Indices. For now I’d say the worst is over. The resting sell stops are below yesterday’s lows in the Spu’s & Nasd … Continue reading
ETF Traders & Portfolio managers.. HEDJ…Long European Equities with a short Euro hedge. The Risk is a close back under the 200DMA @ 56.40 DXJ…Long Nikkei with a short Yen hedge. The risk is a close under 49.50. They are … Continue reading
30 yr. Bonds…142.00 was the qtrly break down in Bonds from the first qtr 2013. Any print close to 142.00 is getting rich.Even knowing that this is a level to not buy strength, but start selling rallies again, the Bonds … Continue reading
Stocks… Spu… 1952 is 50 DMA resistance. It will take a close over this level to start turning this Index positive EWP…40.00 is 200 DMA resistance. Closing over 40.50 targets 42. VIX… 12.60 is 50 DMA support. This level … Continue reading