Etherium remains the value trade against Bitcoin. The spread wants to trade its cash opening range. A couple of closes through that level will elect a whole new swing. Platinum /Gold is winding up, showing continued interest in industrial metals. … Continue reading
We’re seeing the first of month pop in many assets, none more prolific than Etherium up 12+%. Short term traders might need until the top of the opening hour for the capital flow to set up. News is focused on … Continue reading
Daily Market Intelligence 5:3:21
Spoo will take sustained price action under the low 70’s to do any downside damage . Currently trading slightly higher for the past two weeks. Spoo/Bond is closing in on a convergence of averages and the bottom of the channel. I’ll be … Continue reading
Daily Market Intelligence 4:30:21
Bitcoin just did a Matrix swing overnight and, has so far, honored weekly oscillator support. Etherium held the daily channel Copper…wants to challenge 2011 levels. I have a specific setup that will elect a target for a 40% swing higher. Those … Continue reading
Daily Market Intelligence 4:23:21
Daily Market Intelligence 4:22:21
Daily Market Intelligence 4:21:21
Profit taking started just before London. Spoo/Bond made a higher high last night failing just shy of its .618 target. This is the only chart I’m watching for follow through. Spoo’s finally put in that pesky 50X3 reversal last night … Continue reading