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
Daily Market Intelligence 8-22-19
Daily Market Intelligence 8-16-19
Indices are trying to bottom. Trying is the operative word. Yra posited a mid meeting rate cut. That conversation is coming into the mainstream. We’ll see if that conversation will keep the Indices from imploding. I this event were to … Continue reading
Daily Market Intelligence 8-15-19
30 yr. Bonds I’m eyeballing 165.15 as the next rejection level. 5 yr. put in a topping pattern yesterday. That pattern is being negated today. A lot of time was spent late yesterday explaining why we do not take these … Continue reading
Daily Market Intelligence 8-14-19
Pin the tail on the Donkey!!! Selling 1/2 Silver Calls on or just after the opening. Silver will need to maintain this level for two consecutive days in a row to run to the next level. Indices aren’t the feature … Continue reading
Daily Market Intelligence 8-13-19