Daily Market Intelligence 2-26-20
Spoo’s came close to the qtly pivot and bounced. There is a double bottom on the 240 minute bar chart. Level has to hold. Even if it doesn’t today it’s a potential bear trap. Hero trading should be done via … Continue reading
Daily Market Intelligence 2-24-20
Is the party over or is this just another equity check? Point & Figure charts show that last nights lows have to hold. Nasd 100 Spoo’s…3366 is first PNF resistance. Sustained and closing price action over 3374 is needed to … Continue reading
Daily Market Intelligence 2-21-20
It’s the Mid-Week Shuffle. Trade accordingly. SBGL..Sibayne Gold is up 11% this A.M. 30% in 4 days. Equities are up on the anticipation of rate cuts and stimulus around the world. Where do you want your money in a zero … Continue reading
Daily Market Intelligence 2-19-20
Instrument are once again at inflection levels. 30 yr Bonds, Spoo’s , Nasd 100 & Gold. Indices are trading at their respective daily ORL #’s Spoo…3365.25 Nasd 100…9588 Gold…will need close to 10 dollars higher to for breakaway on the … Continue reading
I’m staying home and will forgo the travel among st the unwashed. A newbie in Pax’s room read our glossary yesterday and was trying to understand the mid-week shuffle. Lady, you just saw it in all its glory! Spoo…3355.50 is … Continue reading
Daily Market Intelligence 2-13-20