Oil…is at a level that you should not chase direction. Some services put out buy recommendations this A.M. in the Oil. Oil has broken out above daily momentum line @ 43.64, today’s pit low. You’re better off waiting until tomorrow’s … Continue reading
Daily Market Intelligence 6-14-17
I thought it worth a go for the 15-20 cents to articulate a Nasd 100 short Via the ETF. First it has a defined out where the Futures were already trading 20+ points below the breakdown level . What compelled … Continue reading
Daily Market Intelligence 6-12-17
Daily Market Intelligence 6-2-17
Nasd 100… put in a reversal last night. Crude..is putting in a flag formation going into Inventories this A.M. Sustained price action over 49 is needed to print the 50 DMA @ 49.71 Spu/Bond …corrected to its 50 DMA in … Continue reading
Daily Market Intelligence 5-17-17
It’s a Risk On morning led by the FTSE, which needs one more good close up here to target another 400 Points of rally. HD is up 3 dollars. I’m looking for the Bund & Bond rallies to keep failing. … Continue reading
Oil…is trading @ the 50% fib for the yr. trading between its 50 & 200 DMA’s. See how the U.S. opens up before you get involved. The Greenback is off against most currencies. Suisse is trading at its 200 DMA … Continue reading
Daily Market Intelligence 5-11-17