Daily Market Intelligence 8-18-20
Indices and Risk spreads rallied tho their respective 21 day mvg averages and rejected. The Nasd 100 overnight high is more important to me than Spu’s Gold/Yen held its 200 DMA last night. Gold/Euro retested the breakdown patterns from Friday … Continue reading
Daily Market Intelligence 10-24-17
Daily Market Intelligence 9-22-16
Daily Market Intelligence 4-27-16
Stocks… Nasd 100…3908 is the next set of macro sell stops (last years low) Initial resistance is around 4000. 3855 is the first tgt on the way to 3600. GDXJ…Gold rallied the 16 dollars after the pit close into NYSE … Continue reading
Yen/Gold clearly broke out through it’s 200 day mvg avg last night. Euro/Gold is coming into support which should match up with the 1328-33 level in the Gold futures. The Aussie is a currency I’m not interested in selling, however … Continue reading