I’m not looking for this capital flow to change for the rest of the week. Equity Indices will be quiet but firm. Spu’s closing above 2268 will have me looking for another 20 point s higher. As long as the … Continue reading
daily-market-intelligence-12-13-16
Daily Market Intelligence 10-21-16
FTSE…loves a weakening Pound. The long-term pattern here is mirroring the S&P 500 level @ 2132. I would expect some initial price rejection around this level, however the longer the FTSE stays up here the higher it can go. Trailing … Continue reading
FTSE…sitting right on daily momentum DAX…failed at the matrix level, yet it has not totally broken down. Euro Stoxx 50…looks the weakest 30 yr. Bonds.. It’s an atypical Friday as most Bourses are in profit taking mode along with … Continue reading
Spu’s…BOE eases with the Gilts rallying taking all other Bond Futures higher. “Money for nothing” Spu’s have filled out the intermediate P&F. We now have a defined 25 point range. Now what? I’m in wait and see mode until after … Continue reading
FTSE…resistance is 6775. DAX..is trading into resistance. Spu’s.. have been range bound for for a week and a half with all the action in the names. AAPL…is going to open close to its 200 DMA which is an exit zone, … Continue reading
The overnight feature from the London session was the failure of the Pound to hold a rally. In fact its putting in another bearish reversal keeping the FTSE strong. The Equity Bears took a run at it yesterday and were … Continue reading
Daily Market Intelligence 7-12-16TM
FTSE….putting in a topping pattern. Price recovery over 6418 is needed to keep the pattern positive. Spu’s… It’s the mid-week shuffle. U.S. energy names will be under pressure early.