Tag Archives: NASDAQ 100 Futures
Daily Market Intelligence 4/12/18
Daily Market Intelligence 4-12-18
A.M. Look 4/11/18
Oil..67 is near term resistance with 69 being 50% retrace for this decade. Given its Wednesday, I would not be chasing Oil strength. I’d rather use the strength to collar positions in the Oil service sector by buying Puts and … Continue reading
A.M. Look 4/10/18
XI gave a great speech last night that was roundly embraced as he portrayed himself as the adult on the world stage. Oil is trading right at closing resistance. The Longer-term P&F charts in the Spu & Nasd show potential … Continue reading
A.M. Look 4/9/18
Both the Nasd 100 & Spu show consolidation patterns in widening ranges. The weekend headlines were divided between those that took a long view and perceived Trump tweets as meaningless bluster, and those that remain skeptical. It’s a level trade. … Continue reading
A.M. Look 4/6/18
Last night’s Globex low in the Indices is support. Indices must close above these levels to avoid another trip to the cellar over the next few weeks. So far the technical levels have held. MU…looks to retest 46.98,January 2018 high, … Continue reading
A.M. look 4/5/18
We’re seeing pattern follow through in the names, Indices and the spreads. Spu’s & Nasd 100 have hit their projected targets. I’m a buyer of Spu’s @ 2619. In the meantime let the day set up and look for a … Continue reading
Daily Market Intelligence 4/5/18
Daily Market Intelligence 4-5-18
The Late Show
We have Outside reversals working in the Spu’s,Nasd 100,Russell. ALNY is 10% off its low. it has potential for another 20% Chips as stated earlier look great as well as Fintech TSLA is ripping. Look for another 20 dollars with … Continue reading
Midday Missive
The day is young. More two way trading. Lots of initial rallies to nowhere. If the technical model is to try and turn up, today needs to be the low. DJI came close to it’s 200 DMA on LOD and … Continue reading
A.M. Look 4/4/18
And so it begins. China answered Trump with a tariff list of its own. Nasd 100 is close to its 200 DMA, as close as its been since his hairness got elected Nov 2016. Soybeans are worth a go against … Continue reading