Daily Market Intelligence 6-21-18
It’s Wednesday..be mindful of chasing strength late day! Spu’s have come back to initial closing resistance. Both the Spu & Nasd 100 Long-term Point & Figures show that we’re into a level that one should not chase strength. The bottom … Continue reading
Daily Market Intelligence 6-20-18
Spu’s will take under 2747 to see more weakness today. Soybeans…big puke into monthly support Biotech has been the lone bright spot. Time frame trading the rest of the day Soybeans
Spu’s traded into 2736. It’s a gap that I want to see filled during the U.S. session. Spu/Bonds…traded into its 50 DMA matching the Gap in the Spu’s @ 2736. YUAN..spiked through its 200 DMA. 6505 is the weekly level … Continue reading
Daily Market Intelligence 6-19-18
MailChimp servers were down this A.M. AMZN,GOOGL & FB have been bought all A.M. Trade the names that have been working. Spu…support levels 2752, 2736
Daily Market Intelligence 6-18-18
Spu’s put in a reversal on the medium-term P&F. We’ll know in a couple of hours if that’s it. U.S. 10 Yr./ Bund… is showing a potential ORH this pattern would be near term positive the Euro. Euro needs to … Continue reading