Daily Market Intelligence 6-17-20
What’s another Trillion? Spoo/Bonds are trading at its 200 WMA, coming into overhead Pit gaps in the Spoo & Nasd 100. What’s it mean? It means that buying strength into the bottom of the Pit gap in the Spoo’s will … Continue reading
Daily Market Intelligence 6-16-20
I see nothing in the Risk spreads that make me think this market is anything more than a trade.Last night we retested the 2018 high.Spoo’s will have to recover its 200 DMA @ 3011, and close above it for a … Continue reading
Daily Market Intelligence 6-15-20
Congrats to Jeffe and the team for being on this rebound setup. Spoo will take a print into the high 80’s for a reversal on the 100X3. That is what is needed to confirm yesterday’s low. If not it’s just … Continue reading
Daily Market Intelligence 6-12-20
In times of trouble. Swiss Bonds and Swiss Franc are today’s beneficiaries. That’s a big mid-week shuffle high in the Spoo’s, one that I completely missed. That’s the first sign of a potential trend change that will take another 2 … Continue reading
Daily Market Intelligence 6-10-20
Rosanne Rosanna Dana “If it’s not one thing its another” My Brain Trust “The Room” smelled a rat late day. It started off with the Conversation with Yra about Spoo/Gold which led to us looking at a rising Yen with … Continue reading