Spu’s …Point & Figure chart shows 2817 will be support and the closing downside pivot. DAX…is showing a possible ORH day on the back of a stronger Dollar. Sustained and closing price action above 12,760 is needed to believe the … Continue reading
Daily Market Intelligence 7-2-18
Spu’s…Today’s 200 DMA is 2615.46 DAX is trading above its 200 DMA with the Euro Stoxx 50 butting up against it. GBP/USD is hanging right on its 200 DMA @ 135.40 with a very oversold condition. Here you have some … Continue reading
Daily Market Intelligence 5-3-18
Daily Market Intelligence 4-23-18
AAPL..166.87 starts support. 200 DMA @ 165.53 USD/MXN is reversing last Friday’s pattern and putting in a ORH week, weaker peso=risk off equities. GBP/USD…ORL weekly pattern working. The house of lords crowd are wearing the family heirloom attire handed down … Continue reading
Daily Market Intelligence 4-11-18
Daily Market Intelligence 3-19-18
Draghi is still speaking. The Bunds have flushed to the downside taking yields higher in the Italians and Oats. Our short end followed however the Long end is still in hover mode. Curve is flattening with the press conference. I … Continue reading
Daily Market Intelligence 1-25-18