Yen crosses are mirroring a risk on board. EUR/JPY 132.19 is the weekly ORH# with mvg avg resistance @ 132.29. Expect price rejection the first time up to match up with the 50 DMA in the Spu’s. EXEL…25.52 is first … Continue reading
Daily Market Intelligence 3-6-18
U.S. Indices have been reacting to the Italian elections which was perceived as mostly negative and Germany which was perceived a s positive. This has kept the Spu & Nasd 100 in the range of the last hour of U.S. … Continue reading
Daily Market Intelligence 3-3-18
Daily Market Intelligence 3-5-18
Spu had the after London squeeze higher filling out the medium -term Point & Figure. Semi’s have been leading all A.M. Spu/bonds are trying to regain its 50 DMA That last high needs to taken out late or this is … Continue reading
Spu had the after London squeeze higher filling out the medium -term Point & Figure. Semi’s have been leading all A.M. Spu/bonds are trying to regain its 50 DMA That last high needs to taken out late or this is … Continue reading
Oil…60.75 is the weekly ORL # Yen crosses are getting into daily oversold territory. AUD/JPY,GBP/JPY & EUR/JPY. When i see something like this it smells of a short covering rally after London’s close in the Indices. The bigger game will … Continue reading
Oil…60.75 is the weekly ORL # Yen crosses are getting into daily oversold territory. AUD/JPY,GBP/JPY & EUR/JPY. When i see something like this it smells of a short covering rally after London’s close in the Indices. The bigger game will … Continue reading