Daily Market Intelligence 11-23-21
Gold finally put in a reversal on the 100X3. This needs to gestate before considering another long. GoldinEuro needs to at least catch up to the purple momentum line. Time correction or just a correction? Either way it will be … Continue reading
Daily Market Intelligence 11-17-21
Spoo Pit/ 30 yr. Yield picked up the 4625 reversal level in the mini’s. 4675 is the upside reversal # on the 50X3 The more confirming data you can find for a trade the higher confidence you will have trading … Continue reading
Daily Market Intelligence 11-8-21
Gold…1800, its 200 DMA, is still resistance. Spoo’s flirting with ATH. Don’t fade the flow late day.
Indices are stuck for now. Yields ran the FX & Precious metals rally. Below is today’s live session for the CME collegiate trading challenge. Yra and Andrew graciously share their trading experience and wisdom. There is a lot in this … Continue reading
SX22..Jan Soybeans above 12.11 have bounce potential. Late day the room discussed interest rates with Yra. This current bounce was triggered off a technical level in Gilts and the 30 Yr. Monthly cloud. The yield shows mvg avg support @ … Continue reading
Spoo’s have completed its initial downside swing in early Asian trade. 4362.50 print confirms the initial low. Spoo/Bond held momentum support. GoldinEuro has stabilized above its 50 DMA. Crude held the 80 retest matching the low in the indices.