Daily Market Intelligence 10-6-17
Bunds and U.S. Treasuries are bid against the Italian & Spanish debt. Gold has bounced with lower yields as well as major currencies against the Dollar. Short term P&F resistance comes in @ 1289. Euro..would need to sustain over 117.90 … Continue reading
A client just asked a really good question; Are they going to run the shorts out of the U.S. 30 YR.? I spoke to this last week. First of the Month ECB bond buying will make selling Bond weakness problematic. … Continue reading
30 Yr. Bonds…will take above 153.00, its 200DMA, to run out shorts. This instrument is into short -term oversold. Bunds and Gilts are strong (lower rates). There is more room in the U.S. Ten year/Bund spread to widen. Lower rates … Continue reading
Daily Market Intelligence 9-27-17
ORH Patterns…pretty much what you’d expect with a Risk off board. UVXY,VXX,GDX,SLV,PPLT,AGQ,GLD,GOLD,SILVER Silver is coming into its 200 DMA. GOLD is not a chase at this level. The meals should respond again after the U.S. pit session closes @ … Continue reading
Euro… held up rather well in the Asian session but gave way to sellers in Europe. COT data shows record long Euro positions. 118.28 is today’s 50 DMA. Look to sell rallies against the weekly close of 119.47. December Futures … Continue reading
Spu’s… ORL!!! with a close below 2501 Financials BNY,NRTS,RF,SIVB,ZION,WTFC AMP, TRV These names are currently showing ORH patterns. EURO…ORL Canadian Dollar Futures…81.28 is the ORL # GBP/USD..134.68 is the ORL # Gold…ORL … Continue reading
The only overnight price action of interest is Aussie,Kiwi and Gold strength. ALNY..is up 18% in pre market on positive trial reports. Time frame trading.
Daily Market Intelligence 9-18-17