Indices are into their first downside levels. Spoo..put in the reversal on the 100 @ 4140 Nasd 100..13,063 is the top of the daily cloud. AMZN…3158 is the top of the daily cloud. Copper…will need sustained price action under 4.65 to … Continue reading
Daily Market Intelligence 5:11:21
Copper & Etherium are today’s standouts. Yes, the Yuan is strong. Spoo/Bond has a potential double top @ the channel line. This is no small thing!! Spoo back below 4211 will trap a lot of new longs. GBP/USD ..is leading … Continue reading
Daily Market Intelligence 5:10:21
Copper & Spoo are in play. Copper has broken out against the Yuan. Spoo…100X3 shows a double top, which I expect to see violated, leaving way to the target. Short term P&F’s ( 25X3 ) are more granular and will … Continue reading
Daily Market Intelligence 5:7:21
Daily Market Intelligence 5:6:21
Mid-Week Shuffle!!! Spoo has completed and filled out its wiggle back up. Short-term hurdle area is the Globex high into the low 80″s. Futures traders should sell another portion into this resistance area and await the NYSE opening. Oil has … Continue reading
Daily Market Intelligence 5:5:21
Daily Market Intelligence 5:4:21