Daily Market Intelligence 9-9-20
European Debt Expirations Day of the 50 DMA’s Gold, Suisse, EUR/CAD, USD/JPY, GOOGL, NFLX, SMH to name a few. If an instrument hasn’t already retested its 50 DMA, many want to. USD/CNY..trading @ 200 WMA VIX…holding above its 200 DMA … Continue reading
Daily Market Intelligence 9-8-20
Spoo’s…3437.50 is the reversal # for the 50X3 matching Langer’s 70 RSI level. Pit Gap…3409.50-3396.25 Upside..3492 is the 200 hourly mvg average.Spoo/Nasd has farther to go. APPLE will be key in today’s action. Currently gapping a gap. The gap area … Continue reading
Daily Market Intelligence 9-4-20
Dollar went bid last night effecting the Metals. Soybeans are firm with more news articles about China’s food supply. GOOGL & AMZN will have stranded closes on a Wednesday. ZOOM is gapping down into its earnings gap. Let’s see what … Continue reading
Daily Market Intelligence 9-2-20
Daily Market Intelligence 9-1-20
Month end. Spoo…the 100X3 has not had a reversal in 300 points. From the March low the longest move was 400 Points. Copper…remains bid above 3.00. One matrix level to the next. Commonwealth Bank in Australia dropped out of its … Continue reading
Daily Market Intelligence 8-25-20