Tag Archives: S&P 500 Futures

Midday Missive

Spu’s retested the bottom of the recent range Europe remains weak against the U.S. Euro is not backing off the 117.50 level. The capital flow is still showing the buying of Euro against the other major currencies. I’m in no … Continue reading

Daily Market Intelligence 11/14/17

Daily Market Intelligence 11-14-17

Midday Missive

UNH..is attempting an ORH day by holding over 211.80. FANG names are not backing off. China names are leading this group. DE…is bottoming. MCD,HD look good. JPM…tested its 50 DMA and held. CME is leading the exchanges. Spu’s need over … Continue reading

Daily Market Intelligence 11/13/17

Daily Market Intelligence 11-13-17

A.M. Look 11/10/17

I am going neutral all Equity Indices in tonight’s DMI The risk spreads in the U.S. have not capitulated the way the European spreads have. With the FTSE & DAX trading below / @ their respective weekly ORL #’s, its … Continue reading

Daily Market Intelligence 11/10/17

Daily Market Intelligence 11-10-17

The Late Show

We’ve seen this P&F pattern before. Same pattern as the Oil yesterday. Theses are directional traps the first time down. See where the rallies stop. Currently you’ll need back over today’s opening range of 2577 to stop traders from selling … Continue reading

A.M. Look 11/9/17

Nikkei has been leading. It hit its target last night after completing a 50% retrace of the past 30 years. It now has a daily ORL pattern working. Spu’s…2579.75 is today’s all session ORL. Nasd 100…6301.50 is today’s all session … Continue reading

Daily Market Intelligence 11/8/17

Daily Market Intelligence 11-8-17

Pattern Alert!!

The weakness started in late London with the DAX putting in an ORL. SPU pit session is trying if it can close below 2582.30. E-Mini would need a close below 2575.50. DAX…                 … Continue reading