Daily Market Intelligence 4:12:16
A.M. Look 4:8:16
Stocks Futures S1 Qtrly Pivot R1 Spu 1965 2039 2090 Nasd 100 4402 4555-75 Spu’s…into the qtrly pivot and Friday’s opening range.This is a cover zone for shorts! Bonds Futures S1 … Continue reading
Potential ORH days Nasd 100 with a close above 4495 Spu’s …2059.75 DJI…17,756 The lows are in …the mid day retests held. Oil’s put in a descent low as well. Shouldn’t go back below 36.90. Would not be surprised to … Continue reading
Presently we have a 2 day island top in the Spu’s & Nasd 100. This is a bearish formation. We need a close today under 2039 to confirm more Risk Off. Closing over the gaps in the Spu & Nasd … Continue reading
Stocks… Spu’s…failure to rally during the U.S. session over 2048-2049.50 and close above would be short term bearish. If a rally rails there after the # the board will go into profit taking mode. All session chart shows we came … Continue reading
Stocks… Spu’s…The only price action I would deem bearish is a gap lower opening under 2048… staying under 2048 and closing below 2038. Probability close to zero. The most likely scenario today is at least a retest of the gap … Continue reading
Stocks… Nasd 100…ORH pattern with follow through. Nasd 100…Pit Weekly…the gap starts @ 4519.50 which matches up with the first swing count target @ 4517. This is an exit zone the first time up. SPU with 30 Bond overlay…I’m … Continue reading
Stocks… The Equity Indices were flashing sell signals on and off all yesterday. The U.S. Indices have not given a confirmed sell signal on my volatility charts. They presently all show an over bought grind. Spu’s…2010 is where the mvg … Continue reading