September Grain Expirations. European Debt instruments have hit the skids. This has lifted Euro into its closing resistance level. Equity Bond spreads have filled their respective breakdown gaps from the first week of August. Dax/Bund..broke above its 200 DMA on … Continue reading
Spoo’s held a lower cloud retest last night and have now filled out its Point & Figure. Once again Indices are at the top of value. Risk spreads are pushing up through their respective momentum levels. Gold is languishing against all … Continue reading
Daily Market Intelligence 7-30-19
Markets are relatively quiet waiting for 7:30 CDT. Yra posted his thoughts last night. https://yragharris.com/2019/07/24/itsadrag/ Gold/Silver has corrected back to its 200 DMA. This has me looking for Gold to take leadership. Platinum has been in rally mode up almost … Continue reading
Daily Market Intelligence 3-25-19
ACB…Aurora added Nelson Peltz to its board now trading 7% higher. I will look at this late day given its Wednesday and I don’t like chasing late day strength in a Bull Market. Gold and Platinum rallied against the Euro, … Continue reading
ORH Patterns…pretty much what you’d expect with a Risk off board. UVXY,VXX,GDX,SLV,PPLT,AGQ,GLD,GOLD,SILVER Silver is coming into its 200 DMA. GOLD is not a chase at this level. The meals should respond again after the U.S. pit session closes @ … Continue reading
Daily Market Intelligence 9-19-17
Daily Market Intelligence 8-2-17
Stocks… Spu’s…(H) Put in an ORL day. 1st support is 1858. This either holds right away or expect a test of 1849-51. Nasd 100.. (H) price recovery back over 3689 is needed to avoid a test of the 3630’s Dax … Continue reading