Daily Market Intelligence 1-22-20
Daily Market Intelligence 11-15-17
British Pounds are breaking down with the Euro gaining on the crosses. IBM has room for another 2 dollars of downside. Dow names and Financials should remain your focus.
It’s currently hot & Sweaty after the eclipse. XLP… is putting in an ORH day. IBM looks sold out and is ripe for a rally LMT…is trying to turn back up. Fearless leader is speaking tonight so maybe someone … Continue reading
Daily Market Intelligence 1-20-17
Stocks…Spu’s …1849.50-56.50 is a retest level that needs to recover over for any rally. At some point today i would expect a look at the level which is the old pit lows. From there it has to power up through … Continue reading
Bond buying is the theme of the past few hours. It’s pretty evident that the ECB stepped in to generate that type of price action and those types of reversals. No..they don’t have me on speed dial to tell me … Continue reading
AAPL…129.50 is the hold level and our entry level. A close above 131.15 is needed to keep the pattern intact. IBM…170.30 is the ORL #. UVXY…price action and a close over 11.01 confirms a move toward 13. Nasd 100…look for … Continue reading
OIL… the macro buy stops are over 58.63 USO…breaks out on a close over 20.25. XLE & DIG both look to rally to test their 200DMA’s. CVX…as long as 109 holds I’m looking for 115. XOM…is attempting a Cloud breakout … Continue reading
IWM,MVV,DIG,XLE,BMY & Nikkei are all attempting daily ORH patterns. SLB led the energy names early. XOM…is looking firm. A close over 93.30 is needed to confirm a tradable low. Line…needs a close over 10.30 to confirm the 9 low. IBM…failed … Continue reading