Tomorrow’s news tonight. You just knew Trump had to do something to create a break. The 25X3 Spu P&F has put in a reversal to relieve the rsi’s. The 50X3 needs a print into 2754 for a reversal. This would … Continue reading
Soybeans…need to hold last night’s low. It will take a close above 8.77 (X) November to confirm the retest low. Nasd 100…The Long-term 100X3 Point & Figure shows that traders should exercise caution chasing initial strength. Amazon is running the … Continue reading
Nasd 100 has initial room to 7284 Spu’s resistance starts @ 2776 and runs into 2784 Russell initial swing count is into 1719. FEYE received an upgrade today with a price target of 20. Pay attention for gap fills into … Continue reading
Daily Market Intelligence 7-5-18
Noon CDT closing today. Spu’s…have traded to the top of value on the Point & Figure. There is now a clear 50 Point range. Nasd & Russell Risk Spreads are following through to the upside. Roku has pattern follow through. … Continue reading
Daily Market Intelligence 7-3-18
Spu’s..are the first chart. This shows price action below last weeks low of 2693 will be needed to take out the bottoms of the pattern. Nasd 100 shows a short-term potential bear trap. This can rally before going lower. Oil..shows … Continue reading
Daily Market Intelligence 6-22-18
Daily Market Intelligence 6-21-18
It’s Wednesday..be mindful of chasing strength late day! Spu’s have come back to initial closing resistance. Both the Spu & Nasd 100 Long-term Point & Figures show that we’re into a level that one should not chase strength. The bottom … Continue reading