Daily Market Intelligence 7-10-17
Gold…rally is over with it trading weakest against the Yuan as the world goes back to a risk on footing into qtr end. SMH…gains upside momentum by maintaining over 86.05 targeting 87.80. Nikkei is putting in a bullish pattern that … Continue reading
FTSE.. DAL..Delta Airlines VNQ..REIT Vipers IYR..iShares U.S. Real Estate IYC ..DJ Consumer Service Sector SMH..Semiconductor The above are potential exhaustion patterns Keep your eye on Gold for a defensive long after 12:30 CDT New York Pit … Continue reading
Daily Market Intelligence 6-15-17
Daily Market Intelligence 6-9-17
Oil…sustained price action below 48.50 is needed for lower NZD/USD…Kiwi is trading right on its 200 DMA @ 71.08. What is more interesting is the Monthly ORH working. Maintaining over 70.56, the monthly ORH #,is needed for follow through. … Continue reading
Daily Market Intelligence 5-16-17
Daily Market Intelligence 5-12-17
The later in the day it gets without anymore selling the greater the odds that today’s selloff is about all you’re going to get. CSX,KSU,YUM,EWW,FDX,AMZN,AMD& SMH are all attractive against today’s lows.
Daily Market Intelligence 5-2-17