Daily Market Intelligence 6-10-16
Aussie is typically a risk indicator. What do we know about the matrix zones? 1) they act as targets and exit levels for direction traveled to the level. 2) they are sell before you buy levels coming up to a … Continue reading
Daily Market Intelligence 6-9-16
It’s a commodity led rally which is still trumping yesterdays late day profit taking in tech. Nasd 100 needs sustained price action under 4505 to weaken. Spu’s will need under 2100. Silver Gold NUGT… AUD/USD Canadian Dollar Futures … Continue reading
Oil & Aussie are leading with GBP/JPY right back at the 50 DMA. AUD/JPY & CAD/JPY after some initial selling last night are following through with their respective ORH patterns. Aussie hit cloud resistance at last nights high. Unless you … Continue reading
The Equity indices are grinding higher with the Equity/Bond spread running out of downside momentum. The Spu’s can grind up and run the short term pattern buy stops above 2105. I have no interest in shorting indices unless its at … Continue reading
Daily Market Intelligence 6-6-16
Spu’s… Nasd 100..that matching ORL level is 4486.25. I need sustained price action and a close below 4475 for lower. Euro…I thought you’s see this price action yesterday not today. The levels have not changed. Time Frame Trading.
Daily Market Intelligence 6-3-16
Spu’s …have filled out the short term P&F. Bears will need all new price action under 2086 for lower. 2096-97 bands the upside. WYNN & UNH are looking good. HUM…held it’s 200DMA early, and is on a mission higher. The … Continue reading