Tag Archives: S&P 500 Futures
Daily Market Intelligence 5/18/22
Waiting for the price action tomorrow. Looking for a mid-week high in the Indices. We’ll pay attention to the long end of the curve for further tightening. Lockheed and Utilities are worth a look. Lockheed will need to ramp up … Continue reading
Daily Market Intelligence 5/17/22
Daily Market Intelligence 5:17:22
Daily Market Intelligence 5/16/22
The Index technical model is trying to change from down to back up. This will take a couple of weeks to play out. I spent a lot of time discussing how the models work late Wednesday and again Thursday morning. … Continue reading
A.M. Look 5/13/22
I have no interest in picking a high today. The mid-week price action is that of a market trying to find footing, albeit a lagging indicator, it will take into mid-week next to play out. Expecting a two way trade … Continue reading
A.M. Look 5/12/22
30 yr. Bonds…140.24 is the weekly ORH # and the near term point of control. Bund confirms. Yen crosses play catch up with the other majors losing ground to the already fallen Yen. Dow is holding up better than the … Continue reading
Daily Market Intelligence 5/12/22
Spoo/Bond went back to their normal correlation. Higher Bond futures should hit the Banks. It’s Wednesday and since we closed on the Index lows I thought it prudent to not take a contra trend trade. The Spoo’s and Russell were close … Continue reading
A.M. Look 5/10/22
Bonds followed through to the upside with European debt instruments leading the rebound. Follow the methodology. Yesterday I keyed off the green balance line on the Monthly & Qtrly Russell as support. Other big cap names are doing the same … Continue reading
Daily Market Intelligence 5/10/22
Trade with the trend. Trend is down. Currently I have some matches on qtly charts into 2018 highs. Russell is into its target area for this first wave down. Small cap energy got smoked with the topping pattern in Natty. … Continue reading
A.M. Look 5/9/22
Spoo Pi6t Gaps; 4014.50-4037.50 3983.75-85 3911.75Nasd 100 Pit Gap; 11,347-11,493.1 30 Yr.Bond Pit Gap…135.28-31 July 7-8 2014 It’s going to be a gap trade. No selling weakness. Gold is into support on the 100X3 @ 1855
A.M. Look 5/6/22
Russell & Spoo trading unchanged on the week and month, with Nasd below. Euro & Aussie same story. 30 Yr. Bond Futures;136.16 is the rally level from 2018. Bonds already rallied a point off the level. A 140.00 print is … Continue reading