Tag Archives: S&P 500 Futures
A.M. Look 6/9/21
Mid-Week Shuffle Less is more. AMZN kept the Nasd intact yesterday. 3280 is its 50 DMA which will act a s resistance and its upside pivot. Sustained and closing price action above opens the way to another 70 dollars. Spoo’s … Continue reading
Daily Market Intelligence 6/9/21
Daily Market Intelligence 6:9:21
Daily Market Intelligence 6/8/21
Daily Market Intelligence 6:8:21
A.M. look 6/7/21
European debt rollover is upon us. Do not get fooled into selling and or selling weakness in treasuries. Indices are not doing anything. Spoo’s will take a 4212.50 print for back and fill. Prints into the high 30’s or low … Continue reading
Daily Market Intelligence 6/7/21
Daily Market Intelligence 6:7:21
A.M.. Look 6/4/21
Gold…last night’s low @ its 50 WMA is a descent hold #. 1873.20 is the weekly ORL # where Gold has been hovering around waiting for payrolls. Crypto is down which is generally supportive Gold. Copper is above its weekly … Continue reading
A.M. Look 6/3/21
The selling started in London. DAX & FTSE have elected their daily ORL sell stops and are now into initial support. Spoo…short term averages come in from 4177-72. 4150 print is needed for a reversal on the 100X3, which would … Continue reading
Daily Market Intelligence 6/3/21
Daily Market Intelligence 6:3:21
A.M. look 6/2/21
All is quiet. Crypto has a bid against precious metals. FX..Yen remains weak and weak on the crosses. DAX…I can generate higher targets but I would prefer to wait until the end of the qtr. Keep using 15,500 as a … Continue reading
Daily Market Intelligence 6/2/21
It’s summertime and we’re seeing markets slow down as investors choose outside vs. the screen. Unless I see something compelling I’ll use the short form. Things should pick up later in the week into next. Brazil and Mexico look great. … Continue reading