Google & Crypto lead today’s price. Google will run the early wiggle in the Indices. MSFT…289.57 will be needed for a gap fill. Yuan got a bid to retest its 200 DMA. Surprise, so did commodities, Wheat… 7 dollars is … Continue reading
Daily Market Intelligence 7:28:21
It’s a big week ahead with the FANG earnings and FOMC Wednesday. Month end is Friday. Natgas & Copper are continuing upward. Copper remains positive after last weeks ORH. Price action below 4.40 will have the Bulls rethink positioning. Bitcoin … Continue reading
Daily Market Intelligence 7:26:21
Spoo…4363.25 is the pit gap and support. Potential double top on the Point & Figures. Nasd 100…15K will be pivotal GoldinEuro got hung up last night at the top of the cloud. Indices ran weekly ORH buy stops against the … Continue reading
Daily Market Intelligence 7:23:21
It’s shaping up to be a difficult day. Spoo’s are overextended into the overnight high. Mind the Pit gaps. Grains have lost their bid albeit Corn is still holding against the Yuan. The Canola Oil news out of Brazil is … Continue reading
Daily Market Intelligence 7:22:21
Wednesday Rules apply. 30 yr. Yield and the Futures match up for a descent inflection level @ 1.916 in Yield Spoo’s will require a 4318.75 print to show any weakness. We’ve had a big index rally yet the spreads are … Continue reading
Daily Market Intelligence 7:21:21