There is nothing to add today. The price movement over night was relegated to the Sterling. A correction in EUR/GBP and the GBP into support. There was a Bloomberg piece in the Economics section on the Riksbank, a subject we’ve … Continue reading
Daily Market Intelligence 12-13-19
Spoo’s hit a major upside target and retraced 25 points to retest today’s upside breakout, giving a pause that could refresh. Hard to know what’s real other than to say Trump surely had the Bidet set on high when he started … Continue reading
Spoo’s are stuck. It will take price action into the 3160’s to turn up on the 100X3. 3151 has been tested 3 times on the 25X3. 8430 ish is the corresponding level in the Nasd. Risk spreads are positive. GBPUSD … Continue reading
Daily Market Intelligence 12-6-19
Daily Market Intelligence 12-5-19
Daily Market Intelligence 12-4-19
Daily Market Intelligence 10-21-19
Daily Market Intelligence 8-23-19
Gold…expecting a print into the high 1490’s to fill out the 50X3 point & figure chart. Oil…56.30 ash will be pivotal for direction. This is where the 50 & 200 DMA converge. European Bonds are in retrace mode. Bund is in … Continue reading