Daily Market Intelligence 8-25-16
Daily Market Intelligence 8-23-16
Daily Market Intelligence 8-19-16
GBP/USD…is trading into daily resistance with the weekly chart showing a potential bottoming pattern with a Friday close over 130.98. Dollar Index…sitting right on its weekly trend line @ 94.30. Spu’s are presently caught between 2175 and 2185. They’ll need … Continue reading
Daily Market Intelligence 8-17-16
The Equity Indices are putting in stranded closes with this gap lower today. This has the potential to turn into a mean reversion back to the 50 DMA @ 2124 which is also the matrix breakout. Spu’s would need to … Continue reading
Daily Market Intelligence 8-15-16
Spu’s…after trying for two hours to push below 2177 (last weeks close) Index trading will be a nite mare.Bears will try to close this below 2177. Good luck with that! I’m not buying a 200 point rally in the Spu’s … Continue reading
Matrix levels for the Euro Stoxx 50 (DSX) have been added. All in all it was a quiet night other than the rally in SHCOMP Soybeans need to sustain over $9.90 for a rally. It’s Friday in the heat of … Continue reading
They tried the Spu’s down and held 2174 which needs to be penetrated on the short term maps for any downside. Spu’s back above 2180 late day will be the catalyst for another short squeeze. The board is a sector … Continue reading