I’m looking for a back and fill to Friday’s high in the Indices. SPH..2785.50…2779 print would be needed to relieve upside pressure and put in a reversal on the medium term P&F. NDH…7103.75 was the weekly close. Let the U.S. … Continue reading
Daily Market Intelligence 3-12-18
Volume in the March Equity Indices is slightly higher than the June contract. My levels are March through Tuesday. June Spu trades @ app 5 point premium to March June Nasd 100 trades @ app 26 point premium to March … Continue reading
Daily Market Intelligence 3-9-18
We’re into roll with forwards in the currencies and the Equity Indices. June Nasd 100 is app +27 points over March. June is picking up the old continuation # of 7000 March Nasd 100. Both contracts will need above that … Continue reading
Waiting on the ECB. Below is the Active daily Continuation chart for Bunds. You can clearly see the rollover gap on this look. Spu 50 DMA is 2739.63
Daily Market Intelligence 3-8-18
For all you Hamstah’s…there is little trade location here for anything. The medium-term P&F shows a trip to the low 2690’s would just fill out the Point & Figure. Time to walk away until very late if you’re still clicking … Continue reading
You’re already seeing some bottom fishing in the Indices as some traders wish to front run NYSE open. Is this the mid-week sell off or not? I’m looking to buy before I sell early today. EIA Oil inventories are @ … Continue reading
There were too many matches at today’s high to be Bullish over the next couple of days. Look for the 2 way opportunistic trade to continue. Cat into resistance. MU..take some dough. 2689.50 is the reversal # for the 50X3 … Continue reading