Spu’s March ORL # is 2779 Nasd 100…7109.25 March. I’m using March through tomorrow. Those in June extrapolate the spread. Stops have been run in the Nasd 100. MU… has filled its first gap Nasd 100…
Daily Market Intelligence 3-13-18
Steel names are up and look to go higher. MU,WDC,STX and the rest of tech were opening range trades. PSX,HFC & VLO are bucking the Oil tape. EXEL had a good hold this A.M. in Biotech. This is a long … Continue reading
There were too many matches at today’s high to be Bullish over the next couple of days. Look for the 2 way opportunistic trade to continue. Cat into resistance. MU..take some dough. 2689.50 is the reversal # for the 50X3 … Continue reading
Yen crosses are mirroring a risk on board. EUR/JPY 132.19 is the weekly ORH# with mvg avg resistance @ 132.29. Expect price rejection the first time up to match up with the 50 DMA in the Spu’s. EXEL…25.52 is first … Continue reading
Daily Market Intelligence 3-6-18
Infotech has been bid all A.M. STX, WDC has stayed firm. I bought EXEL against the low of day looking for 25.25 to pay for the trade. Oil is strong with the energy names going bid. Micron (MU) led out … Continue reading
Daily Market Intelligence 3-5-18
GBP/USD, USD/CAD, Euro have hit their respective upside targets. Silver…17.47, last nights low is the key hold level for further upside. Oil Patch…APC & APA were in rumored merger talks. These names could be in play. SMH had a descent … Continue reading
Stick with the Chips today. AMD & MU are breaking out to the upside. Blockchain names have jumped with Bitcoin bouncing off its downside target. AMD… MU…