The game is afoot. Dollar index is showing ORL. The last pattern on 11/30 turned into a big sidewise consolidation. Euro shows 113.60 as cloud resistance on the 25X3. Risk spreads stopped at top of the cloud support. (H) March … Continue reading
Crude is holding its qtly pivot which is now lining up with its 200 DMA. (support) Etherium held cloud support. Risk to own is the over night low. I’m going to keep an eye on the semi’s for clues to … Continue reading
Thursday-Friday 4662.50 is needed for a reversal on the 50X3 in Spoo. Bund running the show again. It’s rebound is translated in to dollar buying against Euro & Aussie. Oil, despite its volatility, is little changed over the past qtr. … Continue reading
Daily Market Intelligence 12-9-21
Daily Market Intelligence 12-8-21
I guess the Swiss know when it’s the right time to buy. Indices received a big boost on last nights China data. We’re now back to the weekly breakdown levels of 2 weeks ago. Spoo is now 160 points off … Continue reading
Daily Market Intelligence 12-6-21
Daily Market Intelligence 12-1-21
Month end. Semi’s and Big cap tech lead. Spoo’s will need a 4675 print to confirm Friday’s low, which should just about line up with Spoo/Bond weekly ORL retest.
Daily Market Intelligence 11-24-21