Not interested in thinking going into next week. U.S, starts a long holiday weekend tomorrow, meaning most people placed their bets today. Next Wednesday will be of interest on the models. Commodities denominated in Yuan and Real are picking up. Crude … Continue reading
Do your homework. Euro & Indices have been trading directionally this week. Bounces in the Euro have lined up with the same in the indices(BN) Fed’s Balance-Sheet Unwind Puts Treasuries on ‘Uncertain’ Path Co written by Alex Harris. This is … Continue reading
Central bankers week and the winner is Russia! Elvira has managed to overcome sanctions and keep a stable currency. Spoo..have room for a rally to 4264 and Nasd 13,460 ish. I’m bearish but I don’t want that to let that … Continue reading
Fastly outage in Europe, which shut down several websites, provided a small break in the Indices. Follow the money; Rouble and Peso are strong and so is their country ETF’s. Gold had a small back and fill. Using 1888 for … Continue reading
Daily Market Intelligence 4-13-20
Daily Market Intelligence 11-5-19
Stocks… Spu’s…(H) need to close above 1992 for bottoming action.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 2022 is the qtrly Dec ORH # in DEC. (the level it failed at yesterday) 1995 is the Monthly ORL # which … Continue reading
Stocks… Spu’s…(H) needs to sustain above 1992 for a short covering rally.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 1995 is the Monthly ORL # which either month must maintain above to avoid a slide to 1945. NASD 100…50 … Continue reading
Stocks… Spu’s…could go as low as 2046 and hold up. Midcap…14,300-14,320 is support and the closing downside pivot. DAX…10,000-10,050 is the resistance zone and the closing upside pivot. Airlines…Follow the oil. The Airline stocks have come a long way and … Continue reading
Stocks… MVV…66.25 is 200 DMA resistance. This will take under 64 to see any real selling. 61.25 is the low risk buy zone, where new longs will puke. DAX…89.00 is mvg avg support. This will be a pivotal level. DAX … Continue reading