Spu’s likely short term bottomed. VIX overran its 200 DMA Nasd 100 elected sell stops below 50 DMA The selling abated this time Friday. AMZN, so far, failed to fill the gap @ 1762 Time frame trading the rest of … Continue reading
Spu’s & Nasd 100 put in lower lows from Friday. Spu’s failed to get low enough to put in a reversal on the long-term P&F. Spu/Bonds held the short-term averages. Spu’s & Dji are strong against the Nasd 100, Midcap … Continue reading
Daily Market Intelligence 7-30-18
Daily Market Intelligence 7-27-18
Euro..showing an ORL pattern by sustained price action below 116.64. Typical ECB price action. Look for a stronger dollar across the board going into today’s FX close. DJI & Midcap were bought all A.M. against Nasd names. Disney, Rails, Insurers … Continue reading
Daily Market Intelligence 7-26-18
Daily Market Intelligence 7-24-18
Spu’s will need a 2795 print for pressure release back and fill on the medium-term Point & Figure. Comcast Disney & AAPL are holding up against the rest of the board. Spu/Bonds put in a higher high and are reversing … Continue reading
Nasd 100 is looking a little rough around the edges with ORL’s in The Pit session Nasd 100 and the Globex and PIt Nasd100/Bonds The question becomes are the patterns real or just another false equity test? Time will tell. … Continue reading
Daily Market Intelligence 7-17-18