Spoo’s rolled over on the 25X3 confirming the upside congestion area. It will take a print into 2894 ish for the 50X3 to confirm the high. Gold is stretched and stretched against the currencies. It will either consolidate at this … Continue reading
I’m back early and will open up the room @ 7:15 to go over the maps. The first takeaway is the Wednesday extremes in the GOLD, 30 Yr. Bonds and Spoo all matching up @ big macro levels! The Spoo … Continue reading
Daily Market Intelligence 8-1-19
Long Euro/Short Pounds,Aussie,Kiwi is in play in FX land. Gold has rolled to DEC (Z) with an app 13 Dollar premium. I’m still focused on August for my signals. It’s going to be a big week for the metals with … Continue reading
“Do Not Sell a Quiet market” Old floor addage. It’s quiet with small flows into the Bund & 30 yr. Just got another e-mail from a genius society picking another top i.n the Spoo. On this attempt they will only … Continue reading
Daily Market Intelligence 7-29-19
Daily Market Intelligence 7-26-19
Semi’s have and are leading. GS is breaking out on a qtrly chart. JPM…risk to own is 115.57 the weekly ORH. KRE…held its 200 DMA early and ripped led by OZK NFLX…should retest 332 its monthly ORL breakdown # Spoo…above … Continue reading
Negative yields are going more negative on the short end of the curve in Germany. Politics will be front and center all A.M. Spoo’s have a defined range. 2985 support. Sustained price action over 3012 will see investors reaching for … Continue reading