The Pit gap in the Spu’s is matching up with the gap in GOOGL @ 823.74. The Gap level won’t go away. It will take sustained price action higher on the day in GOOGL to go higher. Spu’s had a … Continue reading
Spu’s…have filled the gap last night in the all session. It now has to do it in the Pit U.S. Only session. Closing under the Gap is negative. 2329 is today’s 50 DMA with 2308 the top of the cloud … Continue reading
AAPL is holding for now. Closing lower today would be very negative the overall market. JPM.. held the top of the cloud and can rally 1-2 dollars before hitting resistance 88.43 is the 50 DMA. It would take a close … Continue reading
OIl…47.25 is near term support. 48.90 is point & figure resistance. Spu’s…the bounce zone is 2326-2316. There are mvg averages and a gap to deal with into this level. It’s Wednesday. This will be a do not sell zone for … Continue reading
We got the reversal in the June Spu’s on the long term P&F VIX…puts in an ORH day with a close over 11.72. Dow Jones Industrial (DJI Cash) GOOGL, IBB , NFLX are all currently showing ORL’s Some names … Continue reading
Spu’s…25X3 Still need to see prices in the 2340’s for a reversal on the June chart below. I’m looking for it!! Spu’s..50X3 Nasd 100…possible blow off high with a potential ORL day on a close below 5396.
Spu’s…look for a gap fill @ 2379. let the day set up. Euro runs into closing resistance in the cash @ 108.25 Futures are trading app 47 +- premium to cash. Bunds are trading at the low end of … Continue reading
Daily Market Intelligence 3-21-17
Spu’s..any rally into the mid 2380’s is a sell with a stop above 2392. Closes over 2392 is needed for upside. You need to see sustained price action below 2369 for a wiggle back toward the 50’s. Spu…Mini all session … Continue reading
Daily Market Intelligence 3-20-17