GOOGL…893.37-915.30 is the remaining gap. If we’re to see a mid-week shuffle low in the Indices GOOGL should bottom somewhere into the Gap. Oil…I thought you’d see the selloff that started in London after the inventory #’s today. Short term … Continue reading
Equity Indices…Spu’s,Nasd 100,DAX,Nikkei are neutral at current levels. New direction will be determined next week. Some of the big cap tech names are trading around their weekly reversal levels. AAPL FB NFLX Ultimately I believe the Bulls will win the … Continue reading
Daily Market Intelligence 6-30-17
Daily Market Intelligence 6-28-17
Daily Market Intelligence 6-27-17
Daily Market Intelligence 6-26-17
Spu’s…today’s 50 yard line is 2428. Spu’s are firm above the short term averages / weak below. Gold…is trading up into its 50 DMA. Gold should stall at 1260 ish with a risk on U.S. board. Traders who spread … Continue reading
Gold…those that bought Gold should raise the stop to breakeven. A close over 1256 is needed for upside follow through. Sustained price action above 1256 should see another 6 dollars before running into resistance @ cloud momentum. Manage your risk … Continue reading
Daily Market Intelligence 6-20-17
NAVI…Navient Financial is a payment processor with a 4% yield. 16.39 was the April high which is now within reach. Index wise the Spu’s & Nasd 100 have tested their initial upside. Time Frame trading the rest of the day. … Continue reading