We’re experiencing a weekly closing matrix breakdown in Russell & Spoo. Nasd has yet to confirm the next swing lower. Spoo selloff shows a possible bounce level just above 4100 on the 100X3. There is currently two primary Fib swings … Continue reading
Month end. Amazon elected the sell stops of the past two years. Support starts around 2500. Apple is trading around its 200 DMA. Spoo will need a 4225 print to rollover again. Nasd..13,500 is now closing resistance. Yra asked the … Continue reading
BOJ says easy does it. Yen closing in on 1998 Intervention level. Indices have filled out their long term Point & Figures to the upside. Do Not buy strength!!!!!!!! Currently Spoo & Nasd are trading above yesterday’s Pit high. It’s … Continue reading
Daily_Market_Intelligence_4_27_22
Spoo…4244.75 is where the rally started in March. We haven’t broken anywhere yet. This is just beginning.The Risk Spreads have blown off! All commodity trades vs FX are done for a while, as signaled by the ORL in Yen/Yuan on Wednesday. … Continue reading
Spoo shows a double bottom on the 100X3 4400 print is needed for a reversal on the 50X3 to confirm last nights low.Gold has to hold the overnight low.Gold/Nasd ran into cloud resistance and is now consolidating. The bigger game … Continue reading
That was one helluva Gann day. Can anyone say mid-week shuffle high. I went through 21 stock screeners with myriads of Equities across all asset classes. I don’t recall day when there was so much price destruction in everything. Spoo/Bond … Continue reading
Focus on the matrix levels in the Indices. Nasd 100 reversal # is a match at the level.
Precious metals against everything. Pay attention to the Pit gaps in the Indices. 40 Year 30 Yr. trend line looks to be broken. It will take a weekly close under 138.00 to confirm. Spoo have been going on the Nasd … Continue reading
Indices are weak. Nasd can’t overcome the Bond yields. Semiconductors act terrible. Agra,Fertilizer, and Utilities remain a haven bid. Dollar index showed ORH at the top of a move which has me monitoring the Euro, which closed right on its … Continue reading