Tag Archives: GBP/USD
A.M. Look 5/5/22
Spoo will need a 4225 print for a reversal on the 100X3 Euro..105.50 cash print for a reversal. Pound did not like the BOE rate decision. Gold…anything shy of 1910 is too high on this initial rally. Kudos to Andrew … Continue reading
A.M. Look 9/23/21
Gap trading Spoo Pit…4406-4411.50 E-Mini rollover gap 4418-4459 Nasd Pit….15,227-15,276.25 Nasd Mini’s rollover gap 15,338.25-15,474 The clouds on the 25X3 Point & Figures look different on the daily vs active daily Resistance will be at the bottom of a gap … Continue reading
A.M. Look 6/24/21
The Room will close today @ 1:50 CDT for the qtly matrix class. Class members will be sent a fresh link at that time. Spoo…today’s buy level would be a running of yesterday’s set stops @ 4230.50 into the mid … Continue reading
A.M. Look 5/27/21
Pounds have a positive pattern, however GBP/JPY will need to sustain above 154.90, oscillator resistance, to confirm. Spoos…4175-79 is the level needed to penetrate for downside. 4175 is the reversal # on the 50X3. Spoo/Bond had room yesterday to the … Continue reading
Daily Market Intelligence 5/21/21
Daily Market Intelligence 5:21:21
A.M. Look 5/10/21
Copper & Etherium are today’s standouts. Yes, the Yuan is strong. Spoo/Bond has a potential double top @ the channel line. This is no small thing!! Spoo back below 4211 will trap a lot of new longs. GBP/USD ..is leading … Continue reading
A.M. Look 3/12/21
Spoo’s went to yesterday’s pit gap @3916.25-3919 March. I still need to se it fill during the New York session. Negative price action would have the Spoo open below the gap and not fill to the upside today. Given the … Continue reading
A.M. Look 2/22/21
Monthly Options Expiry. DE provides an early morning push Euro & Pounds are up @ big inflection levels. Aussie is reflecting Risk on as the premier commodity currency electing it’s monthly ORH buy stops. EUR/CNY put in an ORH day … Continue reading
Daily Market Intelligence 1/5/21
Daily Market Intelligence 1-5-21
A.M. Look 9/14/20
FX Futures Expiration Forwards of interest; Euro…+24 Swiss…+23 Peso…-51 The rest are negligible. Indices are @ approximately 50% of last weeks range. New direction generally picks up just after 9 A.M. CDT today. Pound was the low hanging fruit in … Continue reading