It’s a gap and go A.M. in the Spoo. Given it’s a new ATM, many will be tempted to sell looking for a home run. I’d prefer to buy the break than trade against the flow. Trade with the tape. … Continue reading
Daily Market Intelligence 4:23:21
The match game is in full swing. Andrew came in early and we discussed theĀ entire setup. DAX hit a 2 year target with Spoo/Bond hitting a major fib target. Dow/Bond is giving it up on the daily. Defensive is an … Continue reading
Daily Market Intelligence 4:8:21
Daily Market Intelligence 4:6:21
Trading will be a gap game today. Spoo Pit chart shows what we’re dealing with. First; would not be buying strength. Second: Spoo does not have to back off when we expect. Russell/Bond is retesting the breakdown from March. Be … Continue reading
Daily Market Intelligence 3:30:21
Copper is losing its shine to Gold. Most China related indices are trading @ their respective 200 DMA’s. U.S. Indices had an overnight bounce to nowhere. Spoo will need to sustain over the 200 period 3890 on a 240 minute … Continue reading
Daily Market Intelligence 3:24:21
Daily Market Intelligence 3:19:21