GOOGL has received a 2.7 Bil fine from the EU. It’s trading @ 960 pre market, the bottom of the gap. Price action @ this level will run the Nasd 100. The Dollar is coming into closing support again … Continue reading
Daily Market Intelligence 6-27-17
Daily Market Intelligence 6-21-17
GBP/JPY…138.93 is today’s 200DMA. The short side of the Pound should stall into this level the first time down. Nasd 100…5623 is weekly closing momentum line that has been holding since December. GOOGL… the gap is 920.53-893.96. This … Continue reading
Daily Market Intelligence 6-12-17
I’m surprised there was not more of a reaction to the Manchester attack. Such is the power of the Bull. DAX is leading all Bourses today. Currently both the Euro Stoxx 50 and the DAX are showing a buy signal. … Continue reading
Daily Market Intelligence 5-23-17
Nasd 100..looks to go and retest 5636 it’s weekly ORL #. This is where the rubber meets the road. GS & URI are a couple names that have probed near their 200 DMA’s and are finding bids. Spu’s …2365 is … Continue reading
Daily Market Intelligence 5-18-17
Time Frame Trading. It’s a wait and see for the afternoon session to see if this direction can abate. With the VIX trading around its 200 DMA pressing shorts is a risky proposition. GOOGL…947.39 is the Monthly ORL # with … Continue reading