Spoo/Bond is back lower on the year. It will be important to see how this winds up the week. Nasd 100 would need under 9370 ish to breakdown on the PNF 30 Yr. cloud momentum resistance is @ 162.10. … Continue reading
Indices are up on tentative shutdown deal. Both Indices are at the top of value on the P&F charts. Oil and Oil names lead on Opec cut talks. Spu’s have a pit gap @ 2718-23 Nasd 100…6964.50-6972.25
Daily Market Intelligence 5-26-17
Follow the yellow brick road. Euro currency has bounced between its #’s twice yesterday for 100 point round trips. 105.50-106.50 The last break yesterday in the Oil was into the qtrly pivot @ 48.50. 51.35 is the next level. Tuesday’s … Continue reading
XLE…avoid the Oil patch until after OPEC YUM..