Best Buy (BBY) & Union Pacific (UNP) are higher and worth a look early. AMZN is into weekly 50 WMA resistance @ 1662 Nasd 100…350 points in a straight line from 5/17 was one of the biggest moves without 100 … Continue reading
Daily Market Intelligence 1-8-19
Indices and Risk spreads rallied tho their respective 21 day mvg averages and rejected. The Nasd 100 overnight high is more important to me than Spu’s Gold/Yen held its 200 DMA last night. Gold/Euro retested the breakdown patterns from Friday … Continue reading
Daily Market Intelligence 1-7-19
Nasd, Spu’s and the Equity /Bond spreads are all at resistance. The indices will need to sustain above yesterday’s highs to suck in buyers. Oil strength is helping the Indices.
Daily Market Intelligence 1-4-19
Daily Market Intelligence 1-2-19
Daily Market Intelligence 1-2-19
Daily Market Intelligence 12-28-18
Indices are retesting the ORH breakouts from yesterday. Spu…2434.50 Nasd 100…6123 If yesterday was a short -term bottom the Indices should hold these levels on a closing basis as well as see a late day rally. Macro resistance remains at … Continue reading