Tag Archives: NASDAQ 100 Futures
A.M. Look 5/23/22
Larry Summers has been pushing a relaxation of China tariffs as a way to reduce inflation. Apparently it got the attention of the administration.Last night’s highs in the Indices sem ok for an initial price rejection. I’m not interested in … Continue reading
A.M. Look 5/20/22
China eases and Toyota says it would be happy with the Yen between 116-122. Spoo’s require a 3950 print for a a reversal on the 100X3. 50X3 has room for a move to 3975. Russell low was the 2018 high … Continue reading
Daily Market Intelligence 5/20/22
Spoo attempted 5- 50 point rallies today and settled below the Matrix. Looking for lower. Spoo need to run the stops below last years low before you can bottom fish. Dollar broke off Yellen comments last night. I’ll be watching … Continue reading
A.M. Look 5/19/22
This is the same price action is last Thursday! Pit Index gap lower. Possible double bottom spoo. 141.17 is big in the 30 Yr!!! Watch for reaction off spread!
Daily Market Intelligence 5/18/22
Waiting for the price action tomorrow. Looking for a mid-week high in the Indices. We’ll pay attention to the long end of the curve for further tightening. Lockheed and Utilities are worth a look. Lockheed will need to ramp up … Continue reading
A.M. Look 5/17/22
Nasd needs all new strength over last nights high. Gold is into its 200 DMA. It held its own against FX and shows room against treasuries. No trade location. Euro rallied higher than expected to the Matrix # and old … Continue reading
A.M. Look 5/9/22
Spoo Pi6t Gaps; 4014.50-4037.50 3983.75-85 3911.75Nasd 100 Pit Gap; 11,347-11,493.1 30 Yr.Bond Pit Gap…135.28-31 July 7-8 2014 It’s going to be a gap trade. No selling weakness. Gold is into support on the 100X3 @ 1855
Daily Market Intelligence 5/6/22
Tomorrow’s payrolls is totally irrelevant. It will be an end of day game. The only thing that matters is where the Nasd closes on the week. 30 yr. Bond Futures have broke its 40 yr trend line. Yield chart channel … Continue reading
Daily Market Intelligence 5/5/22
Fed was perceived as easy. 5Yr. & 2 Yr. Notes rallied first putting in ORH patterns which I find difficult to believe. 30 Yr. rallied to nowhere. Plenty of Equities were the seen of massive bottom fishing coupled with Funds … Continue reading
A.M. Look 5/2/22
Nasd/Bond is weak. key off the matrix in Nasd. Gold & Oil saw the biggest bout of profit taking last night. Pay attention to your Index Pit gaps to the downside in the Indices after the opening.