Daily Market Intelligence 10-24-19
Late yesterday the few who stuck around got a lesson on the proper use of Fibs when applied to gap trading. Nasd 100 traded to the 50% of the PIT gap last night and held. Spoo’s showed 2984.50 is the … Continue reading
Daily Market Intelligence 10-23-19
November Crude expires today. The only question I’m asking myself ” is the high in the indices last night good enough to be the high for a while?” Looking for earnings Wednesday-Thursday as the catalyst for market movement. Trade the … Continue reading
Daily Market Intelligence 10-21-19
Daily Market Intelligence 10-18-19
Nasd 100 ran the monthly ORH stops last night. Those same stops in the Spoo are @ 3023.75. Spoo/Bond is breaking above its 200 DMA with an ORH pattern. It’s way too early in this game to go rabid Bull. … Continue reading
Daily Market Intelligence 10-17-19
Spoo’s will require a print into the low 2980’s for a reversal on the 25X3. Nasd 100 will be the better lead Index. Spoo/Bonds have initially rejected its 200 DMA matching the potential double top on the 100X3 Spoo PNF. … Continue reading
Daily Market Intelligence 10-16-19