Daily Market Intelligence 9-23-16
The Shorts have been sliced and diced. Those that were massively underweight have been forced to buy. Nasd 100 has just completed a retest of its all time high, 16 years 8/Months in the making. Code; don’t be the first … Continue reading
Spu’s DAX & Nikkei are all entering resistance levels. Bulls must be patient for breaks. S&P 500 Futures Active daily Continuation S&P 500 Futures 50X3 Point & Figure The point & Figure shows a definable range DAX… 30 Yr. Bonds… … Continue reading
Daily Market Intelligence 9-22-16
EPZ6… puts in an ORH day with a close over 2143.50. The U.S. session chart does not have this pattern. 2157 is first resistance with the high 60’s the next target level. Nasd 100… I’m only looking at an attempt … Continue reading
VIX ..is coming into the mvg average support level it needs to hold, matching the resistance and upside closing pivots in the Spu’s & Nasd.
We’ve rallied to my stated resistance levels and closing upside pivots for the U.S. Indices. Spu’s…2145 Nasd 100…4825 DJI…18,200 The EUR/JPY & GBP/JPY crosses are being pushed lower. Neither of which I’d trust to maintain direction the rest of the … Continue reading
Daily Market Intelligence 9-21-16
I got the wiggle I was looking for in the Spu’s. I’m of the opinion that you’ve seen the upside and the market will be a sector rotation trade going into the FED meeting. BABA needs to be monitored for … Continue reading
Spu’s…2123-2145 was the range identified for Friday’s trade. There is nothing new to add. The parameters do not change until there are closing breakouts either up or down. Currency futures expire this A.M. The biggest interest rate differentials are in … Continue reading