Spoo will revolve around the matrix level. 3900 print is needed for a reversal on the 100X3 with 3895 first cloud support.Euro & Gold are very close to resistance. Euro… the down channel its been following since 123.00 Jan 2021 … Continue reading
Daily Market Intelligence 5:19:22
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
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
Energy priced in Yuan held for another sizable rebound. Oil can run out of steam either side of 105, depending on Chart.Spoos have come back to yesterday opening. Volatility should remain high. Be patient for your opportunities today and be … Continue reading
Daily_Market_Intelligence_4_27_22
Spoo…4244.75 is where the rally started in March. We haven’t broken anywhere yet. This is just beginning.The Risk Spreads have blown off! All commodity trades vs FX are done for a while, as signaled by the ORL in Yen/Yuan on Wednesday. … Continue reading
That was one helluva Gann day. Can anyone say mid-week shuffle high. I went through 21 stock screeners with myriads of Equities across all asset classes. I don’t recall day when there was so much price destruction in everything. Spoo/Bond … Continue reading
Daily Market Intelligence 4:1:22
Daily Market Intelligence 3:24:22