Spoo will need a 4225 print for a reversal on the 100X3 Euro..105.50 cash print for a reversal. Pound did not like the BOE rate decision. Gold…anything shy of 1910 is too high on this initial rally. Kudos to Andrew … Continue reading
Nasd/Bond is weak. key off the matrix in Nasd. Gold & Oil saw the biggest bout of profit taking last night. Pay attention to your Index Pit gaps to the downside in the Indices after the opening.
Month end. Amazon elected the sell stops of the past two years. Support starts around 2500. Apple is trading around its 200 DMA. Spoo will need a 4225 print to rollover again. Nasd..13,500 is now closing resistance. Yra asked the … Continue reading
Looking for a mid-week shuffle high. I had a long conversation about the Dollar with Andrew late day. Our targets are much higher. Spoo…4220 ish seems to be the initial top of value. 4225 is the reversal # on … Continue reading
Daily_Market_Intelligence_4_27_22
Spoo shows a double bottom on the 100X3 4400 print is needed for a reversal on the 50X3 to confirm last nights low.Gold has to hold the overnight low.Gold/Nasd ran into cloud resistance and is now consolidating. The bigger game … Continue reading
That was one helluva Gann day. Can anyone say mid-week shuffle high. I went through 21 stock screeners with myriads of Equities across all asset classes. I don’t recall day when there was so much price destruction in everything. Spoo/Bond … Continue reading
Spoo is flirting with 200 DMA @ 4490.71 UN..Sprotts uranium Trust needs to show closing strength today for upside follow through. Silver is @ cloud support. It’s all about TSLA. It’s all about Yen/Yuan as interest rates converge and China … Continue reading
Precious metals against everything. Pay attention to the Pit gaps in the Indices. 40 Year 30 Yr. trend line looks to be broken. It will take a weekly close under 138.00 to confirm. Spoo have been going on the Nasd … Continue reading
Indices are weak. Nasd can’t overcome the Bond yields. Semiconductors act terrible. Agra,Fertilizer, and Utilities remain a haven bid. Dollar index showed ORH at the top of a move which has me monitoring the Euro, which closed right on its … Continue reading