Nasd 100.…has to grind through 5735 close. Anything in the Index close to that level and you should refrain from chasing tech names. MSFT…is sticking its head above momentum. Firm above 70.50 close. Semi’s lead.
Daily Market Intelligence 7-11-17
I’m focused on 5667 unchanged for the past 2 weeks as a downside pivot. The resistance and upside pivots in the Spu’s & Nasd 100 haven’t changed. 30 Yr. Bonds would need to sustain over 152.09 for more bounce. OIL…still … Continue reading
Daily Market Intelligence 7-10-17
Equity Indices…Spu’s,Nasd 100,DAX,Nikkei are neutral at current levels. New direction will be determined next week. Some of the big cap tech names are trading around their weekly reversal levels. AAPL FB NFLX Ultimately I believe the Bulls will win the … Continue reading
Daily Market Intelligence 6-30-17
GOOGL has received a 2.7 Bil fine from the EU. It’s trading @ 960 pre market, the bottom of the gap. Price action @ this level will run the Nasd 100. The Dollar is coming into closing support again … Continue reading
Daily Market Intelligence 6-27-17
Gold…rally is over with it trading weakest against the Yuan as the world goes back to a risk on footing into qtr end. SMH…gains upside momentum by maintaining over 86.05 targeting 87.80. Nikkei is putting in a bullish pattern that … Continue reading
Daily Market Intelligence 6-26-17