2 weeks ago Langer and I went over the low risk buy zone from 4622- into the 4590’s. Spoo/Bonds hit the weekly channel line for the entire covid rally. Nasd/Bonds have elected the weekly ORL sell stops and have so … Continue reading
When do Fibs matter? On a 2 decade swing with short term oversold condition into the intrinsic .618 on a Bloody Wednesday! Euro & Aussie are doing the same swing!!! No 5 second 5 minute charts here! These are quarterly … Continue reading
Daily Market Intelligence 11-24-21
Spoo filled out its 50X3 but has yet to give up a reversal print in the 100X3 Bonds are weak with the yield just poking up into the daily cloud, Oil…needs to find footing above 74.45 or risk running long … Continue reading
Daily Market Intelligence 11-23-21
Gold finally put in a reversal on the 100X3. This needs to gestate before considering another long. GoldinEuro needs to at least catch up to the purple momentum line. Time correction or just a correction? Either way it will be … Continue reading
Nothing more to say. Full Moon Trading with a Solar eclipse. Spoo hit top of channel at the same time Nasd traded it’s target for this swing. Those prices were scene just before London’s open and Austria announced a full … Continue reading
Daily Market Intelligence 11-19-21
Daily Market Intelligence 11-17-21
Aussie is into the qtly pivot. Spoo is @ point & figure resistance. It will take all new strength above to press on. China lockdowns are having an adverse effect on Oil. BondsĀ are nowhere. Be patient for opportunity.