Daily Market Intelligence 12-7-20
Grains are starting to look interesting again. Corn has an ugly weekly pattern. Beans…coming into support in Yuan and Real terms. I’d like to wait a bit to see if we can get them another 20 cents lower. Conclusion; … Continue reading
Daily Market Intelligence 12-1-20
Grains are bid. Copper is approaching its target and major Fib. It’s on the sheet. Platinum/Gold extends. Four Republican Senators, led by Romney, seem to have had enough of Trump’s antics. That would bode well for Biden to have a … Continue reading
Daily Market Intelligence 11-18-20
Daily Market Intelligence 11-13-20
Russian grain export data is hitting the Grains. Gold…1873.30 is the point of control. It’s the weekly ORL# Spoo…3537.50 is the reversal # on the 50X3. Close but no cigar. There is enough on the news front for the algos … Continue reading
Daily Market Intelligence 11-6-20
Spoo…third gap up in U.S. session should lead to at least one little back and fill to 3480 during the U.S. session. Point & Figure high matching the oscillator in the Spoo/Bond spread and the Green target on the sheet … Continue reading
Spoo’s are completing a move I thought would happen yesterday. Spoo’s have that pesky Pit gap to contend with as well as the channel on the 100X3. Grains are bid. The Dollar reversed the past few days of strength moving … Continue reading