Bottoming is a process. The high in the Spu’s and most names like AAPL,GS ect. all stopped at or near resistance. Everybody is all in again. You’ve only seen the first inning today. VXX using a 15 minute chart with … Continue reading
Last night’s low in the Spu’s was its 200 DMA. I’m looking to buy a retest of the level into 2500. DJI…22,7404 is the 200 DMA Spu’s are putting in a flag on the long term P&F. This chart takes … Continue reading
Nice Puke in the Indices..a little faster than I thought. Market retested 2669 which is now the level to Hold above. I re shorted the TLT @ 121.45 Low In Spu/Bond was 50 DMA which elected the bounce. TLT…
The Long end of the curve is getting oversold short-term. DAX…12,747 is its 200 DMA. Dax would have to stabilize above to help stabilize the U.S. Indices. DJI…is indicated close to its 50 DMA based off the Futures. Spu’s..have done … Continue reading
Daily Market Intelligence 2-5-18
Semi’s are attempting an ORH day. Chips act well. China names have all held the BABA earnings. WB held. It remains firm above 132. SINA held. it remains firm over 119 UNH ..investors are no longer buying the long term … Continue reading
Welcome to the night bus ” Buckle up it’s going to be a bumpy ride” Harry Potter. Spu’s need over 2840 or under 2810 to change the P&F. Nasd 100…need over 7000 or under 6915 to change the P&F. Alibaba … Continue reading
Daily Market Intelligence 2-1-18
It’s clear in Chicago. Just caught the waning part of the Solar Eclipse. It was quite beautiful. Front Month in Gold is April (J) Spu’s need a print around 2840 to put in a reversal back up on th e … Continue reading
Daily Market Intelligence 1-31-18