Daily Market Intelligence 1-23-19
Indices are mostly trying to back and fill to their respective 50 DMA’a. Spu’s have a pit gap @ 2645-47. Price action into 2630 is needed for a reversal on the long-tern P&F. Looking for a gap fill over the … Continue reading
Daily Market Intelligence 1-22-19
Equity/Bond spreads are extending their run Nasd 100…a little caution @ 6759 target for a potential double top. Netflix has a potential 3 day Island. An intraday rally to 346.41 negates that possible pattern. Eyeballing NVIDIA for a trade on … Continue reading
Daily Market Intelligence 1-18-19
If you’re not short/ Your Long\ Gave up on the short side before 7:00 A.M. Bought MSFT @ 105.56 with a 1 dollar stop Sold SQQQ @ 14.21…this ETF does not track well!
We have the Mid-Week shuffle I was anticipating with a retest of the trend breakout in the Nasd 100. My initial instinct is to just take the money, however I wish to give it a little time to see if … Continue reading
Daily Market Intelligence 1-17-19
Daily Market Intelligence 1-16-19
Names have backed off to fill their respective gaps. Nasd 100 gave the reversal on the Lonr-Term P&F I’m looking for the Spu’s to trade into the mid to low 2530’s for a reversal on the Long-Term P&F It took … Continue reading