RBA lifted rates last nigh by .25%. Aussie rallied to 200 Week resistance. Spoo rallied into its low risk sell level. 30 Yr. Bonds show a double bottom on the 32X3. 142.00 print is needed for a reversal back to … Continue reading
Daily_Market_Intelligence_4_6_22
RBA turns hawkish. My levels for the Aussie are much higher. EUR/AUD semi-annual shows a potential bounce level. Colgate and Advanced Auto parts should be monitored for a long trade.
Risk spreads are positive. Indices are positive. Today AMZN. AAPL, GOOGL, and MSFT led. Square ran out of the opening. Facebook has catchup potential. Nasd 100 closed on its 200 DMA. RBA is tonight. Macro buy stops are just over … Continue reading
RBA met and decided against YCC. Aussie is a tough read. I looked at AUD/JPY, EUR/AUD, AUD/YUAN and I can’t get a good read. At least I can’t get a look that would entice me to do anything. Crypto is … Continue reading
Daily Market Intelligence 3:2:21
Let’s put last nights price action into context. Spoo did nothing but unwind the last 45 minutes of U.S. trade from Friday. You need to be flexible in your trading. I’d like to see the Spoo chart get cleaned up … Continue reading
PYPL & SEDG after the close China is eating our lunch. Based off last nights price action, the U.S. is rapidly becoming the smelly end of the dog. Spoo’s…the game remains the same. RBA tonight, followed by the FED and … Continue reading
Daily Market Intelligence 5-5-20
The world is waiting for the G-7 Finance ministers to tell us how they will save us from the bug. RBA cut rates last night. The Aussie is nowhere I’d venture a trade. Crude regained half of last weeks loss. … Continue reading