Bonds world wide are running everything. 30 Yr. Futures are trading over sold and no one cares. Bond vigilantes are going to put it in the Feds face before the meeting vs after, which was my expectation. Yields want to … Continue reading
Bored, Boring and waiting. I’ll dispense with the usual chart package tonight and leave with today’s discussion. Thank you Yra and Michael Hwung for the thought provoking conversation. https://youtu.be/IFCyfBodFdI
Daily Market Intelligence 3:16:21
Spoo’s went to yesterday’s pit gap @3916.25-3919 March. I still need to se it fill during the New York session. Negative price action would have the Spoo open below the gap and not fill to the upside today. Given the … Continue reading
Daily Market Intelligence 3:12:21
Italian debt has filled its rollover gap. The Bunds have more room. Central banks and nations are pumping money making selling a rally in the U.S. bonds a better endeavor after ECB or noon U.S. auctions. When Bonds rally so … Continue reading
Daily Market Intelligence 3:10:21
Daily Market Intelligence 3:9:21
Long Dow/Short Spoo & Nasd Nasd/Bond is at an inflection level which will tell me whether there will be another big down in the Nasd. That down would be just shy of the matrix level. Dow/Spoo is holding above its … Continue reading
Daily Market Intelligence 3:5:21