Russian grain export data is hitting the Grains. Gold…1873.30 is the point of control. It’s the weekly ORL# Spoo…3537.50 is the reversal # on the 50X3. Close but no cigar. There is enough on the news front for the algos … Continue reading
Spoo’s are completing a move I thought would happen yesterday. Spoo’s have that pesky Pit gap to contend with as well as the channel on the 100X3. Grains are bid. The Dollar reversed the past few days of strength moving … Continue reading
Buckle up for today’s drama. Stimulus, Will they or won’t they? Spoo’s have given me what I was looking for. Spoo/Bond retested its breakdown level from yesterday. Russell…point of control is 1626.80. NFLX after the close. Looking at the weekly, … Continue reading
Dollar went bid last night effecting the Metals. Soybeans are firm with more news articles about China’s food supply. GOOGL & AMZN will have stranded closes on a Wednesday. ZOOM is gapping down into its earnings gap. Let’s see what … Continue reading
Daily Market Intelligence 8-24-20
Daily Market Intelligence 7-1-20
Grains caught a big bid. The rally went into turbo charge with a weakening Dollar. Time to lock in some money. Soybeans are trading into its 200 DMA. Pay for the trade. Gold & Silver brick out with the Miners. … Continue reading
Daily Market Intelligence 6-18-20
Daily Market Intelligence 6-10-20