Russell…1502.60 will be the key to the board for the plungers, today’s ORL# AMZN…973 is where the shorts will need sustained price below for a test of the 697.79 Gap The Bears need to beware as the afternoon session … Continue reading
Gold and Silver are oversold. So is GOLD/EURO. The above have been breaking with a risk off board today. Keep it tight if you’re trading the metals. EUR/AUD…147.17 is cloud and 200WMA resistance. TSLA… look for a bounce … Continue reading
Daily Market Intelligence 1-23-17
S&P 500 Futures…a close below 2258.25 is needed for an ORL pattern. Spu/Bond spread is neutral after having wood all day. Nasd 100..would need a close under 5034 for an ORL Russell 2000 Futures is showing it below 1347.50 … Continue reading
daily-market-intelligence-1-9-17
Daily Market Intelligence 11-29-16
Spu…today’s all session ORL is 2191.75. Russell has a stranded close with an extremely overbought condition. Nasd and Dow do not have the same patterns. A Nasd low into 4817 is a low risk buy again with a closing stop … Continue reading
FB…needs a good close over 120 to extend. AMZN is trading to one mvg avg resistance level, backing off and moving to the next Financials… look at each instrument in its own light. I.E. Raymond James (RFJ) appears to be … Continue reading
Daily Market Intelligence 11-15-16
Daily Market Intelligence 11-1-16