Tag Archives: NASDAQ 100 Futures
Daily Market Intelligence 5/17/17
Daily Market Intelligence 5-17-17
A.M. Look 5/12/17
Both our 30 yr. and the Bunds have similar patterns. Both are trading mildly oversold doing corrective bounces. 151.11 is today’s 50 DMA in the 30 Yr. It’s as good a place as any to expect price rejection. Indices…waiting … Continue reading
Daily Market Intelligence 5/12/17
Daily Market Intelligence 5-12-17
Midday Missive
Spu’s… 2373.50 is the first unfilled Pit Gap. We just got a quick 10 point move. Much above 2386 will trap new shorts. Keep it tight. I would be looking for this direction to last for another hour. Nasd … Continue reading
Daily Market Intelligence 5/10/17
Daily Market Intelligence 5-10-17
Midday Missive
Long Europe/Short U.S. Equity Indices is the current theme. A Hindenburg omen was generated yesterday. https://stockcharts.com/articles/dancing/2016/11/hindenburg-omen.html Without a confirming McClellan Oscillator confirmation, this typically portends a sideways to lower trade for the next 30 days. Chop City for Index traders. … Continue reading
Daily Market Intelligence 5/3/17
Daily Market Intelligence 5-3-17
Daily Market Intelligence 5/2/17
Daily Market Intelligence 5-2-17
A.M. Look 5/1/17
Gold…1254.60 is today’s 200 DMA. Expect some price rejection the first time down. The Indices would need to see early Mutual Fund Monday buying for the Gold to get into this area. Wait for the U.S. to come in before … Continue reading
Daily Market Intelligence 5/1/17
Daily Market Intelligence 5-1-17