Tag Archives: GBP/USD

A.M. Look 11/28/18

The two volatility events today are EIA Petroleum report and Powell’s speech. I’m expecting one back and fill in the Indices to yesterday’s highs. Nasd 100 is leading with the spread breaking out above its short term oscillators. Spu/Bonds..have the … Continue reading

Midday Missive

Gold in Euro is putting in an ORL day. The dollar looks to keep rallying against the Pound & Euro. Canadian is getting hit on the GM closings and the failure of Oil to hold above its 200 WMA @ … Continue reading

A.M. Look 11/27/18

Big ranges last night in the Indices. I’d look for a retest of last night’s extremes during the U.S. session. Spu 25X3 Piont & Figure shows a small double bottom @ 2655. Euro..113.00 should be respected as it’s being bought … Continue reading

Daily Market Intelligence 11/23/18

Daily Market Intelligence 11-23-18

A.M. look 11/15/18

Spu’s are currently stuck on the 25X3 P&F between last night’s range. Below the Mid 2680’s or above the 2716 ish level. Oil the 25 X3 P&F shows 55.11 is possible again. GBP/USD…closing below 127.65 drops the Pound out of … Continue reading

Midday Missive

Long 272/267 Put spread for next Friday I did the spread for a dollar. Rotation is out of tech and chips and into infrastructure names. FLR is putting in an ORH day CAT & DE have both rallied hard to … Continue reading

Daily Market Intelligence 10/1/18

Daily Market Intelligence 10-1-18

A.M. Look 9/25/18

Risk spreads are @ new all time highs. Investors will likely keep the Bonds under pressure into the expected Fed rate rise tomorrow afternoon. 30 Yr. Futures…137.30 should be a descent bounce level. Amazon was upgraded with a 2300 PT … Continue reading

Daily Market Intelligence 8/31/18

Daily Market Intelligence 8-31-18

A.M. Look 8/8/18

Overnight action has been driven by the currencies GBP/USD is under duress and offered on the crosses. Looking for a 2 way index trade today. Be patient and let the day set up.