Italian 10’s have rallied to momentum resistance. Bono’s are putting in an ORH @ the bottom of a down move ( Bullish) Watching both as a demand indicator for Gold upside. Indices…still treating yesterday’s and last night’s lower retest as … Continue reading
Daily Market Intelligence 3-27-20
Italian & Spanish 10’s are in rally mode as the Euro implodes. Euro crosses are all imploding. EWW..is knocking on the door once again. FYI…I’m on a plane early A.M. for the next two days. PAX will be hosting all in … Continue reading
DJI..elected the stops below unchanged on the year last night. Spoo came close to unchanged. 3254.50 was the last breakout. The market held that level for a bounce last night before giving way to more selling. 3203.50 is today’s 50 … Continue reading
Spoo’s put in a pause that refreshes on the 25X3. Technical models do not turn in a day, rather they can take two weeks to confirm a change in direction. They are a lagging indicator! Was yesterday’s high the first … Continue reading
Daily Market Intelligence 1-23-20
Daily Market Intelligence 12-12-19
Greece moved up off the bottom of European economies @ risk replaced by Italy. Their Bonds reflect the sentiment. Investors are shunning the paper now that they know Mario will not ride in and save the day. Spoo’s have seen … Continue reading
Daily Market Intelligence 9-13-19
European Debt saw profit taking, and I assume some from running of expected ECB Bond buying in the A.M. I bought; SLV 17 Calls @ 15 cents for Friday GLD 142 calls @ .36 cents for Friday This was a small … Continue reading