Daily Market Intelligence 9-22-16
EPZ6… puts in an ORH day with a close over 2143.50. The U.S. session chart does not have this pattern. 2157 is first resistance with the high 60’s the next target level. Nasd 100… I’m only looking at an attempt … Continue reading
VIX ..is coming into the mvg average support level it needs to hold, matching the resistance and upside closing pivots in the Spu’s & Nasd.
We’ve rallied to my stated resistance levels and closing upside pivots for the U.S. Indices. Spu’s…2145 Nasd 100…4825 DJI…18,200 The EUR/JPY & GBP/JPY crosses are being pushed lower. Neither of which I’d trust to maintain direction the rest of the … Continue reading
There is a typo in DMI commentary..the weekly Spu ORL # was 2154.75 not 2054. It was correct on the weekly chart that was sent. December Futures are now front month currently trading @ a 7 point discount. I’ll be … Continue reading
Daily Market Intelligence 9-12-16
S&P 500 50X3…been waiting 8 weeks for this to put in a reversal. 150 X 3 Point & Figure…This takes a 5 S&P point reversal. There has not been one reversal since last nights opening. Day Traders should tighten risk … Continue reading
Spu’s..(Sept) 2154.75 is the weekly ORL & breakdown #. Nasd 100…(Sept) 4749.50 is the weekly ORL & breakdown # with 4739.50 the bounce level. Closes below this # is needed for a further profit taking. The way in which the … Continue reading
Spu…SEPT…2177.50 is today’s ORL# Nasd 100..can’t happen. DAX…10,657 is today’s ORL# matching the pivot @ 10,650 Euro Stoxx 50…3063 is today’s ORL # matching the 3060 matrix #. 3038 is today’s support. Draghi is still speaking.
Daily Market Intelligence 9-7-16 Daily Market Intelligence 9-7-16