Spu/Bonds have failed under its 50 DMA. The Wednesday high is confirming that the recent rally is over and the market is set for more turmoil. UVXY..I’m looking for this to test 37. Given the calendar next week you should … Continue reading
This pattern is similar to last Tuesday when the board went Risk on into the late London session before reversing. Given the P&F charts in the Spu’s & Nasd 100 will need work up here to sustain, it’s not a … Continue reading
Spu’s…25X3 Point & Figure shows the initial reversal. Patience is needed at these level in the Spu’s & Bonds as SPU/BOND spread is trading right on its 50 DMA. It will take into the U.S. opening and some more price … Continue reading
Daily Market Intelligence 8-14-17
Equity /Bond spreads are not acting well. The downside pattern follow through is continuing despite AAPL Two observations about the Treasuries. First its the beginning of a new Month and the mindless think they can fade ECB bond … Continue reading
Daily Market Intelligence 8-2-17
Daily Market Intelligence 7-28-17
EUR/AUD…followed through on its ORH pattern by doing a 50% retrace for the past 30 trading days last night into 147.70. U.S. Equity Bond spreads are stalling out. Look for corrective trading into next week. With the Spu’s coming close … Continue reading
Daily Market Intelligence 7-14-17
Daily Market Intelligence 7:12:17