Daily Market Intelligence 2-1-18
It took well into Europe to find footing in the Indices last night. Let today set up. SHCOMP put in an ORH day @ its 200 DMA. This is set up for higher into year end. RIG..put in an ORH … Continue reading
Daily Market Intelligence 10-11-16
Spu’s…2123-2145 was the range identified for Friday’s trade. There is nothing new to add. The parameters do not change until there are closing breakouts either up or down. Currency futures expire this A.M. The biggest interest rate differentials are in … Continue reading
Gold…1345 is resistance and the closing upside pivot. Oil…bouncing between the matrix levels. 30 yr. Bonds…(Sept.) resistance and the closing upside pivot is 172.22. 2 closes under 170.19 is needed for lower. SHCOMP attracted buyers last night with a daily … Continue reading
SHCOMP…had a strong start to the week keeping Asia firm. Euro Stoxx 50…needs to maintain above 3034 its 200 DMA and today’s ORL # for higher. Grains look to have bottomed after holding Friday’s WADSE break. Soybeans need a couple … Continue reading
Matrix levels for the Euro Stoxx 50 (DSX) have been added. All in all it was a quiet night other than the rally in SHCOMP Soybeans need to sustain over $9.90 for a rally. It’s Friday in the heat of … Continue reading
Daily Market Intelligence 6-28-16
Stocks… Spu’s….just wait a time frame. After the early Asian trade, which started higher and failed, I was fairly convinced that was the high for the rest of the week. London had a different take with the SHCOMP breaking out … Continue reading
Stocks… Nikkei… SHCOMP… Bonds.. 30 YR. …will take a close under 165.08 to weaken and signal more Risk On. TLT… FX… Yen… Yuan…6.45 is the level to monitor for long term trend. Commodities… Gold…1194 is trend support and … Continue reading