Daily Market Intelligence 6-11-20
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
Your cash ain’t nothing but trash day. 30 Yr. Bonds. (M)..key off the June. 174.00 is the pivotal level. Matrix members: do the math. Adam’s Oil picks (WPX & ET) look good. Spoo/Bonds approaching its 200 DMA. Nasd 100/Bonds back … Continue reading
Daily Market Intelligence 6-4-20
Crude hit a 50% level and backed off. This is the price action you’d expect to see. Now it’s about today’s mid-week shuffle low. How and where it holds is important for a continued rally. Aussie rallied to this years … Continue reading
Daily Market Intelligence 6-3-20
Daily Market Intelligence 6-1-20
XLU & XLV broke out along with IBB Best looking country ETF’s are Russia (RSX) and Switzerland (EWL) Copper needs sustained price action over today’s high to go to the next level. BHP rallied to its 200 DMA @ 47.31 … Continue reading
Descent Wednesday high 2883.50 were the Pit sell stops 2947.50 are the Globex Spoo sell stops. 2950 print puts in a reversal on the 100X3 Gold/Bonds held its 200 DMA Spy/GDX rejected it’s 50 DMA Yield curves flattened VIX…ORH EUR/AUD…ORH … Continue reading
ECB raises the anti with an 823 Bil stimulus package for member states. More to come if deemed necessary. Dollar is showing signs of giving it up against Euro. We’ve been having these discussions with Yra for months in the … Continue reading