Full Moon Trading..it’s going to be stupid. Spu..25X3 Medium -Term Point & Figure..shows a double top @ last nights high. Price action under 2564 is needed to turn down. Nasd … Continue reading
Daily Market Intelligence 11-2-17
Risk Spreads are breaking down with potential ORL’s. AAPL…166.94 is today’s ORL 30 Yr. Bonds printed their 200 DMA @ 153.07. Bonds have been running the capital flows all A.M. Sustained price action above the 200 DMA after FOMC will … Continue reading
Long end of the curve…10’s & 30’s ..Yields are still lower on the year. 2 & 5 yr Yields are higher on the year. Engulfing Bull patterns in the U.S. rates should keep traders from selling Futures. When Bonds are … Continue reading
Daily Market Intelligence 10-26-17
Spu’s put in a reversal on the medium term P&F. That only took 25 days. The long-term P&F needs a print into the very low 2530’s for a reversal. Nasd 100…just achieved a … Continue reading
Nasd 100..6054.75 is today’s ORL# 30 Yr. Bonds…153.03 is today’s 200 DMA. I’m still looking for a selloff that would take the Bonds to the sell level @ 155.07 Before we start another leg higher in the Equity indices.
Daily Market Intelligence 10-9-17
A client just asked a really good question; Are they going to run the shorts out of the U.S. 30 YR.? I spoke to this last week. First of the Month ECB bond buying will make selling Bond weakness problematic. … Continue reading
Daily Market Intelligence 10-2-17