First let me say that for 2 days running Comcast Chicago Lincoln Park service was shut down by Amazon. Everybody stop shopping! I just came back up and the system is not altogether stable. If you don’t get a DMI … Continue reading
Spu’s… Nasd 100… Longs will be chasing this A.M. Look to the Midcap and Russell for opportunity. They are lagging the other two Indices.
Daily Market Intelligence 2-27-17
TZA hit pretty good initial resistance matching the gap in the Spu’s. Longs should use a 17.90 closing stop. I’ll be out of office for the next few hours.
The potential 3 day Island is off the table in the Spu’s, although you still have a stranded close on a new high. Equity/Bond spreads do not show a blow off top, only a correction. Spu’s need to close below … Continue reading
Daily Market Intelligence 2-24-17
Nasd 100… is putting in a potential ORL day Spu’s…need a close under 2355.80
Welcome to the Mid-Week Shuffle. The board is starting to align for something to happen. Bund has hit an important target level @ 165.30-50 which has been pivotal to multi-hundred point moves over the past few quarters. TY/BD…Long U.S. 10’s/short … Continue reading
Daily Market Intelligence 2-22-17
After a quiet weekend with the U.S. Indices trading higher, London came in with a Risk On bias buying Dollars, selling Treasuries and precious metals. Oil has traded above its recent range to test the DEC 16/16 high @ 54.51. … Continue reading