There is another 30-50 minutes left in this capital flow. Day-Traders need to be cognizant of Spu 2463.25, last weeks weekly ORL #, for initial price rejection. Nike (NKE) is one of the better acting names. Risk to own is … Continue reading
Spu’s…25X3 Point & Figure shows the initial reversal. Patience is needed at these level in the Spu’s & Bonds as SPU/BOND spread is trading right on its 50 DMA. It will take into the U.S. opening and some more price … Continue reading
Daily Market Intelligence 8-14-17
Daily Market Intelligence 7-28-17
DXY…Dollar Index came within ticks of the next target a shade below 93.00. This is another example of an ORL with a very low RSI having limited follow through. OIL…spent all night looking for new buyers, only to find … Continue reading
EUR/AUD…followed through on its ORH pattern by doing a 50% retrace for the past 30 trading days last night into 147.70. U.S. Equity Bond spreads are stalling out. Look for corrective trading into next week. With the Spu’s coming close … Continue reading
Daily Market Intelligence 7-21-17
Daily Market Intelligence 7-20-17
NFLX…This is going to be an opening range trade. Some of you wrote me notes saying you took your money after earnings. Those that own the name would be wise to protect their gains this A.M. The Dollar continues to … Continue reading
Daily Market Intelligence 7-14-17