Daily Market Intelligence 5-4-18
The 2 yr. Chart was tweeted out this A.M. telegraphing more Risk Off Spu’s can bounce a little from the low 90’s however I’m not looking to be long. Nasd 100..closing below 6586 put it on a path to trade … Continue reading
I’m in sell rally mode. AMZN…price action into 1529 should be used as a level to match up for bounces in the Indices Spu’s…2647 would be a low risk level for today. DAX has been gaining on the U.S. Both … Continue reading
Daily Market Intelligence 5-3-18
Nasd 100… 50 DMA 6760 Spu’s..Mvg avg resistance begins in the low 2660’s CVS..has been trading well for a while. resistance starts @7250 with 73.30 its 200 DMA Look for a couple of flows today with the better move after … Continue reading
Daily Market Intelligence 5-2-18
Spu’s are getting into the bottom of value on the medium & Longer-term P&F Spu’s could rally to 2656-58 and not change the charts.Euro & Gold are into their respective 200 DMA’s…U.S. Industrial s & Multinationals have been sold with … Continue reading
Daily Market Intelligence 5-1-18
I’ve have nothing for you that will make you money without risking a lot. This capital flow marking the end to Europe’s month is just about in the books. Oil & U.S. refiners benefit from Month end flows. I’m not … Continue reading
Full Moon Trading/Month End The only thing that really matters today are the closes. Spu’s …today’s 50 DMA @ 2690.40. 2694.50 fills out the long-term P&F, which is resistance