The down is not over. The models are neutral and will go to negative on a rally to nowhere after the Fed. Spoo 100X3 is just hanging on by a thread. Markets move from one matrix level to the next!! … Continue reading
Pattern follow through. Yen crosses reversed after the bear trap in AUD/JPY. 2.05 is today 200 DMA in the 30 Yr. Yield. 30 Yr. Futures…156.29 is the top of the monthly cloud You’re looking for back and fill to buy. … Continue reading
Daily Market Intelligence 12-9-21
Daily Market Intelligence 12-8-21
Daily Market Intelligence 12-6-21
Month end. Semi’s and Big cap tech lead. Spoo’s will need a 4675 print to confirm Friday’s low, which should just about line up with Spoo/Bond weekly ORL retest.
2 weeks ago Langer and I went over the low risk buy zone from 4622- into the 4590’s. Spoo/Bonds hit the weekly channel line for the entire covid rally. Nasd/Bonds have elected the weekly ORL sell stops and have so … Continue reading
Daily Market Intelligence 11-17-21
Nikkei followed through last night into short-term resistance. Spoo/Bond is into resistance with Russell/Bond above. Russell 50X3 resistance is 2419-22.50. Crypto patterns are negative. Pattern follow through should be monitored for today’s price action. Energy has room to the downside. … Continue reading
Daily Market Intelligence 11-8-21