Daily Market Intelligence 3-29-18
Spu..50X3 needs to see the stops run below 2586 200 DMA to confirm lower. GOOGL…1024 its 200 DMA has been capping rallies in everything. Instruments are trading oversold, beware of selling weakness. Square..has retraces to its 50 DMA. I’m not … Continue reading
Daily Market Intelligence 3-28-18
The Spu’s & Nasd 100 are both into their 50% fibs back up on the month. They’ve regained half of their respective monthly loses in 48 hours. Spu’s could see the 2690’s, although i do not advocate blindly buying anything. … Continue reading
Daily Market Intelligence 3-16-18 Daily Market Intelligence 3-27-18
Time frame trading. Indices are back to where they started Friday’s 1 P.M. break. VXX..support is into 44.40 where I would look for another short term high in the Indices. Spu’s show short term resistance @ 2647 Nasd 100
Daily Market Intelligence 3-26-18
Let the day set up. I’ve looked at 3 separate Bond charts. They all look different , therefore there is no clear road map. I’m a seller of Spu’s @ unchanged on the year ( 2668.25) the first time up. … Continue reading
Daily Market Intelligence 3-23-18
XLK has an over head gap matching it’s 50 DMA A close above this level is needed for upside. Spu…need a 2702 print to turn up. Bunds have not filled their rollover gap closer to 159.30 on the upside making … Continue reading