We got the reversal in the June Spu’s on the long term P&F VIX…puts in an ORH day with a close over 11.72. Dow Jones Industrial (DJI Cash) GOOGL, IBB , NFLX are all currently showing ORL’s Some names … Continue reading
Daily Market Intelligence 2-1-17
Daily Market Intelligence 1-18-17
Daily Market Intelligence 1-13-17
The operative question this A.M. is how far this correction in the Dollar and Gold will go. Euro…107.10 was the ORL reversal low it broke from. I’d look for price rejection here the first time up. The level should act … Continue reading
daily-market-intelligence-1-11-17
daily-market-intelligence-12-7-16
DE..John Deere is up 10% to new all time highs after earnings. LLY…has imploded below its 200WMA @ 67.42, which is pressuring IBB. IBB…put in an ORL yesterday holding its 50 DMA @ 279. 273.45 it’s 200DMA needs to hold … Continue reading
Daily Market Intelligence 11-22-16
Healthcare is breaking out to the upside with potential ORH patterns. This will be a late day trade for confirmation. Long U.S. Ten Yr./Short Bund (German 10 Yr.) has broken down with an ORL pattern violating its 200 DMA @ … Continue reading