Daily Market Intelligence 8-13-18
FBTPs’s…Italian 10 yr. Bonds had a relief rally to fill its gap from Thursday night. I featured this chart in the room Friday morning. I’ll review it again today and what it means for the Equity Indices. Today will be … Continue reading
It’s getting cheaper to go to Europe this summer. FBTP opened and broke 9K/ a contract. Spu’s have finally put in the reversal on the Long-term P&F. Spu/Bonds are trading @ its 50 DMA Spu/Dax…(bottom chart) hit its 50 DMA … Continue reading
Italian 10 yr. debt is overnight story. Euro weakened. I took a look at the long-term P&F to add some color to the move. This shows Euro at a level that will take some work to get through. Let the … Continue reading
Daily Market Intelligence 5-15-18
Daily Market Intelligence 11-8-17
Daily Market Intelligence 8-28-17
Rule #1..Don’t buy closing strength on a Wednesday. Yup I violated it! A potential dollar hickey in the SSO is not career ending. It’s very early in the Mid-Week shuffle. Spu..2416 needs to hold and rally. I need to see … Continue reading
X…U.S. Steel. This is an opening range trade today with the low of the day being its 50 DMA. RSI’s are neutral making this a buy on a small dip today with a very tight stop against today’s opening range. … Continue reading
Italian 10 yr. Bonds (FBTP) are coming into a pivotal area that starts @ its 50 DMA @ 135.17 into 135.60. Trump press conference is expected @ 11:00 EST. This will allow most of the world traders to participate in … Continue reading