The trade was over by 8:00P.M. CDT last night. Nasd 100…7288 fills the gap on the all session. 7270 the Pit session. Nasd honored the all session gap. Spu/Bond..bounced off its 50 DMA. VXXB..33.91 should line up with a low … Continue reading
Daily Market Intelligence 3-25-19
Today’s Dollar buying translates into positive flows for the Bonds. Match up the next low in the Spu’s with 31.37 in the VXXB. Time Frame trading the rest of the day. Nasd 100 is into support on the 100X3 @ … Continue reading
Humpty Dumpty is sitting on his porcelain tweeting out extended tariffs with China. Looking for Spu’s to complete that 50 point reversal into the 2810 area. Nasd 100 has a rollover gap into the 7270’s. Wrestling with the fault in … Continue reading
Daily Market Intelligence 3-20-19
Semi’s are keeping the Indices bid. I bought SMH @ 107.39 very small. Risk is today’s low. BA is and was the ticket this A.M. I never found a strike I was happy with. I would view this low as … Continue reading
Daily Market Intelligence 3-19-19
AMZN it has pierced its 200 DMA @ 1730. Look for breaks back into 1730 to hold and match up with the Indices. 1775 is resistance with the really big stuff coming in just shy of 1800. Spu’s Looking for … Continue reading
Daily Market Intelligence 3-8-19
Spu’s 2748.50 is the 50 WMA. I’m using March levels. Closing below 2752 Spu and 7044 Nasd 100 will keep me looking for lower in Indices Both IBB and the Indices are into in initial mvg avg weekly support.