I’m going to key off the Dow Jones low of last night. Closing much below that level will trigger a bigger risk off event. Spoo’s currently need back into the mid 80’s to confirm a possible hold. Nasd 100…is at … Continue reading
Daily Market Intelligence 5-9-19
Daily Market Intelligence 5-8-19
BYND & LYFT The high in the VXX @ 30 matching the Spu & Nasd 100 lows was good enough for an oversold reaction. I think it a high probability that we see a reversal on the 100X3 Spu, which … Continue reading
The Dollar has a bid tone with a risk on board. Amazon leading the rally after Berkshire news of AMZN buying. Spoo’s are caught between 2900 and 2945. Two closes are required either above or below for new direction. Nasd … Continue reading
Daily Market Intelligence 5-3-19
Daily Market Intelligence 5-2-19
Daily Market Intelligence 5-1-19
The only thing that matters today are the closes. Oil rebounding to its next macro level coupled with NXPI are keeping the Indices in park. Russell/Bond is @ its 200 DMA. Structure has me looks for higher. Spoo & Nasd/Bonds … Continue reading
Daily Market Intelligence 4-29-19