Spoo/Bond daily cloud reinforces the notion that we’re in a consolidation phase the can last a month before something gives. Price action is going sideways, which looks like a time correction, waiting for the cloud. Gold is gaining on Copper. … Continue reading
Daily Market Intelligence 5:17:21
Daily Market Intelligence 5:11:21
Daily Market Intelligence 5:4:21
Spoo will take sustained price action under the low 70’s to do any downside damage . Currently trading slightly higher for the past two weeks. Spoo/Bond is closing in on a convergence of averages and the bottom of the channel. I’ll be … Continue reading
Daily Market Intelligence 4:21:21
Daily Market Intelligence 4:16:21
30 Yr. Bond Futures are trading @ its 200 WMA & 50 MMA @ 157.10 ish. This is a an important weekly closing level for the next move. Copper/Yuan and Commodities against the Yuan are in rally mode. SCCO & … Continue reading
Daily Market Intelligence 4:7:21
Daily Market Intelligence 4:5:21