Spu’s..(Sept) 2154.75 is the weekly ORL & breakdown #. Nasd 100…(Sept) 4749.50 is the weekly ORL & breakdown # with 4739.50 the bounce level. Closes below this # is needed for a further profit taking. The way in which the … Continue reading
Daily Market Intelligence 9-9-16
Spu…SEPT…2177.50 is today’s ORL# Nasd 100..can’t happen. DAX…10,657 is today’s ORL# matching the pivot @ 10,650 Euro Stoxx 50…3063 is today’s ORL # matching the 3060 matrix #. 3038 is today’s support. Draghi is still speaking.
Technical s… Spu’s…2159.50 is today’s ORL# Nasd 100…4751.50 is today’s ORL# DAX…10,551 is today’s ORL# JNUG…16.89 is today’s ORH# NUGT…18.63 is today’s ORH# Oil…42.75 is next support and target. I shouldn’t have to explain these levels. https://www.whitewavetradingstrategies.com/glossary/
Daily Market Intelligence 9-1-16
Everybody is Bearish Equities and Bonds. S&P 500 & Dow are trading just a few points of either side of unchanged on the month. All they have to do for the technicians to be happy is close unchanged to higher. … Continue reading
30 yr. Bond Futures have rolled to December (Z) on many platforms. (U) September is still showing a little more volume. The current discount to DEC is app 1-1/2 points. There is some follow through to Friday’s Dollar move. 102.77 … Continue reading
Daily Market Intelligence 8-29-16
Daily Market Intelligence 8-26-16
Nasd 100, Spu,& Spu/Bonds are trading around their weekly ORL #’s. A good sell off would bode well for the markets later in the year. Oil..