Daily Market Intelligence 7:6:21
Gold and the breakfast club (Grains) have a bid along with the Dollar. Spoo will need a close under 4286 for a high to be in place. Time frame trading and don’t fade the late flow.
Payrolls Friday is upon us. The playbook has not changed! Follow the long end of the curve for the first couple of wiggles. Spoo’s…I could entertain a 4325 print on one short swing. 4462 is another potential target. I’ll reserve … Continue reading
Let the end game play out. Spoo/Bond is at an inflection level on the 240 minute chart. Spoo failed to put in a reversal on the 25X3 by 2 ticks. Algos know! 30 Yr….160.31 is the half of the gap
Tomorrow is qtr end. It’s been an unusual end to the qtr with a vertical move in the Indices. Zoom is breaking above its rising 200 DMA since March. The names are where it’s at for daytraders. The calendar will not … Continue reading
Daily Market Intelligence 6:29:21
30 Yr. Bond Futures set up differently than the Yield. Futures are in the midst of a big range. Spoo’s will take price action under 4267.50 for longs to lock in gains. Spoos are at a long term price target … Continue reading
Daily Market Intelligence 6:28:21
Indices held a mid-week sell off. There is a difference in price between a Daily Continuation chart and an Active Daily. The Active Daily picks up the Sept. discount in the Spoo. Looking for the Daily Continuation weekly buy stops … Continue reading
The Room will close today @ 1:50 CDT for the qtly matrix class. Class members will be sent a fresh link at that time. Spoo…today’s buy level would be a running of yesterday’s set stops @ 4230.50 into the mid … Continue reading