Last night in the room I thought the next wiggle was up ib the Indices.The wiggle did not get high enough! Spoo 3825 print was needed for first signs of bottoming. Looking for a two way probe in Indices with … Continue reading
Welcome to the trifecta of bad news week with a Full Moon tomorrow! Indices and Bonds have run near term stops all making slightly lower lows from the last swing. Hello Houston! We have a problem with the short end … Continue reading
Spoo & Nasd have hit initial downside levels. It will not pay to sell weakness early into these areas, late day is a different conversation. Energy…higher.
Spoo…4079.50 is the flat part of the cloud o the 50X3. It will act as initial support and a magnet line until this part of the cloud is worked through. Gold put in a reversal on the 100X3. Dow/Gold is … Continue reading
Indices are range bound. Amazon ran the early price action. Interest rates are still running the board. 10 Yr & 30 yr. Yields have reached initial targets. Further rises in rates will lead to more unintended consequences.
Daily Market Intelligence 6:6:22
Spoo could come into 4131 and hold. Gold is holding against Bitcoin. This is the thematic that we discussed in the room yesterday. Real hard assets that can withstand volatility and price destruction. Gold is losing to Silver on a … Continue reading
Daily Market Intelligence 6:2:22
Daily Market Intelligence 5:31:22
Do your homework. Euro & Indices have been trading directionally this week. Bounces in the Euro have lined up with the same in the indices(BN) Fed’s Balance-Sheet Unwind Puts Treasuries on ‘Uncertain’ Path Co written by Alex Harris. This is … Continue reading