Tag Archives: Gold
Pattern Alerts …ORL’s
FTSE.. DAL..Delta Airlines VNQ..REIT Vipers IYR..iShares U.S. Real Estate IYC ..DJ Consumer Service Sector SMH..Semiconductor The above are potential exhaustion patterns Keep your eye on Gold for a defensive long after 12:30 CDT New York Pit … Continue reading
Daily Market Intelligence 6/20/17
Daily Market Intelligence 6-20-17
A.M. Look 6/15/17
We’re getting back to volatility and bigger mid-week shuffles. Spu’s…double top…double bottom… AMZN…anything into the low 950’s is a potential bounce zone into its 50 DMA @ 950.50. QID…today’s resistance is @ 17.75. The above is a matching level where … Continue reading
Daily Market Intelligence 6/15/17
Daily Market Intelligence 6-15-17
A.M. Look 6/14/17
VIX…looks on track for another trip into the 9’s. QID is trading at my stop point. I’ll give this position a little time, however a strong upside flow after the U.S. opens will have me exit this position and wait … Continue reading
Midday Missive
5763.75 is the weekly reversal # in Nasd 100. We just came close enough matching the Spu’s against the target of 2440. Bulls need to see closes over these levels to extend. Many of the big cap tech names are … Continue reading
Daily Market Intelligence 6/9/17
Daily Market Intelligence 6-9-17
A.M. Look 6/6/17
The board is decidedly Risk Off. 30 yr. Bonds are bid over its 200 DMA @ 156.05 (June) with Gold and Yen strength in lock step. Gold…100X3 P&F Gold/EURUSD…broke out over its 200 DMA. See how New York … Continue reading
Daily Market Intelligence 6/1/17
Daily Market Intelligence 6-1-17
A.M. Look 5/30/17
Gold is losing momentum against the currencies. VIX…will need over 10.90 Mvg avg resistance to continue higher. 12 is the most obvious spot to test . The 10% wiggle needs to be managed if you’re involved. It will take into … Continue reading