Daily Market Intelligence 4-1-19
Spu’s…looking for the upside reversal on the 50X3. It will take a print into the high 30’s. Nasd 100..is into initial P&F congestion matching its 200 DMA in the spread. Mini Dow has the cleanest pattern for higher. Crude is … Continue reading
Daily Market Intelligence 3-29-19
Bunds are gaining on the Italian 10’s Pulte is gaping up into Monthly resistance. Lulu is @ 165 back @ all time highs. Look for another back and forth scrum in the Indices. I would expect reduced volumes. Don’t over … Continue reading
Daily Market Intelligence 3-28-19
AMZN is doing a gap fill with near resistance @ 1620.50 Closing today under 1616 is needed to keep board defensive. JPM has a good low Palo Alto networks filled its breakaway gap from 2/22/19 It’s a tradable low for … Continue reading
Looking for the rest of the week to be about positioning in names going into Qtr end Friday. Index downside is limited. DAX, DAX/Bund & Euro Stoxx 50 are treading water just above their respective 50 DMA’s. Nasd/Bond has regained … Continue reading
Daily Market Intelligence 3-26-19
The trade was over by 8:00P.M. CDT last night. Nasd 100…7288 fills the gap on the all session. 7270 the Pit session. Nasd honored the all session gap. Spu/Bond..bounced off its 50 DMA. VXXB..33.91 should line up with a low … Continue reading
Daily Market Intelligence 3-25-19