Pounds have a positive pattern, however GBP/JPY will need to sustain above 154.90, oscillator resistance, to confirm. Spoos…4175-79 is the level needed to penetrate for downside. 4175 is the reversal # on the 50X3. Spoo/Bond had room yesterday to the … Continue reading
Short Form tonight. More rotation. Spoo stuck in a 20 point range. Copper miners are trying to bottom. Angelo picked up on MP which was great scoop right after the opening. Yra commented on my technical post in response to … Continue reading
Daily Market Intelligence 5:26:21
Spoo…firm above 4191.75 Euro…123.48 is the next big mag avg #. 50 Qtr MA and the bottom of the qtly cloud. 30 Yr Yield…the cloud tells me not to expect much until the second week of June when we get … Continue reading
Daily Market Intelligence 5:25:21
Daily Market Intelligence 5:24:21
Spoo/Bond daily cloud reinforces the notion that we’re in a consolidation phase the can last a month before something gives. Price action is going sideways, which looks like a time correction, waiting for the cloud. Gold is gaining on Copper. … Continue reading
Daily Market Intelligence 5:21:21
Mvg averages matter!!! Bitcoin held its 200 DMA Spoo currently holding its 50 DSMA on retests. Gold/Copper…you’re looking at a swing from 1972! It held showing Gold gaining on Copper. Sustained closes over 4100, its 200 Month Mvg avg, is … Continue reading
Topping patterns abound with ORL’s DJI Dow/Bonds Spoo and Spoo/Bond Mind the Pit gap in the Spoo’s below. 4100 Puts in a reversal on the 100X3 I will be out of office tomorrow. The room will be closed and there … Continue reading