Crypto is in rally mode going into the weekend. Industrials are bid. Spoo will take under 4073 to back off. Slow motion days in a Bull market tend to melt up / not down at the end of the session. … Continue reading
Daily Market Intelligence 4:9:21
Spoo & Nasd are a big gap game this A.M. This is the setup I was looking for earlier in the week. Nasd will require sustained price and closing price action under 13,710 for a correction. Spoo…Overnight high was close … Continue reading
Daily Market Intelligence 4:8:21
Daily Market Intelligence 4:7:21
Daily Market Intelligence 4:6:21
Trading will be a gap game today. Spoo Pit chart shows what we’re dealing with. First; would not be buying strength. Second: Spoo does not have to back off when we expect. Russell/Bond is retesting the breakdown from March. Be … Continue reading
Daily Market Intelligence 4:5:21
Short sheet tonight. Qtr end here and year end in Japan. Tonight starts a new capital flow. This is an abbreviated week. NYSE is closed Friday but Globex is open for Payrolls. Equity traders will need to place their bets … Continue reading
Daily Market Intelligence 3:30:21