Bunds, U.S. Treasuries & Gilts are being liquidated with all those dollars buying equities. Today it’s been Energy & Banks seeing some of the biggest gains with tech taking a breather @ Nasd 100 resistance.BHP & FCX are looking like … Continue reading
U.S. Equity indices have had a nice relief rally although those gains have faded with the Nasd 100 failing to hold above 4353. EURO…111 is the downside closing pivot for the qtr. It’s a 4 P.M. CDT level. Most clients … Continue reading
Euro…106-105.50 is the next major level with sell stops below. YEN…we’re back to 2013 levels @ 99.01 USD/JPY 101.24 Futures. Given the 3 figure bounce off the level the next extreme is 94.88 USD/JPY 105.39 Futures. GBP/USD…elected the stops through … Continue reading
EURO…I’ve been waiting for a confirming close under 111.00 to sell Euro. EUR/JPY.. . GBP/USD… GBP/JPY…158.69 is weekly resistance. Spu/Bonds…Risk was on during early Wellington and never subsided As a day trader I’d look to fade the entire board for … Continue reading
Daily Market Intelligence 6-23-16
Daily Market Intelligence 6-22-16
With a Risk On board the wheels are coming off several trades. Yen…is trying to top after retesting 97.00 Futures. Lower yen is typically Risk ON. GC/EURO GC/Swiss Franc.. I’m a little surprised that the Oil is not higher. … Continue reading
The board went Risk on last night with the latest Brexit Poll. Deutsche Bank is up close to 4% this A.M. EUFN should be a big winner this A.M. DAX…. GBP/USD.. . 30 Yr. Bonds.. . Gold…1278-80 is near support … Continue reading
30 Yr. Bonds… GBP/USD…we’ll see how much more squaring up there is before London’s close as the truce in the Brexit campaign could last through the weekend. GOLD.. Spu’s need under 2062 to weaken and above 2078 to rally. … Continue reading
GBP/USD…this is a big blow off in the Sterling which matched up with the Sept Spu trading 1 dollar shy of it’s matrix. Gold has been in profit taking mode since late London reacting to the low in the … Continue reading