Daily Market Intelligence 8-11-16
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Stocks… Spu’s…The only price action I would deem bearish is a gap lower opening under 2048… staying under 2048 and closing below 2038. Probability close to zero. The most likely scenario today is at least a retest of the gap … Continue reading
30 Yr. …mind the gap…165.20 is the bottom and is an exit zone the first time up. TLT…Lines up just a smidge over 131. A lot of risk assets are expecting a dovish Yellen. FANG stocks and the KIWI have … Continue reading
Stocks… Spu’s….both the Nasd & Spu’s have hit their initial upside targets In London. They should back and fill a bit. The question is how much. The low 1940’s in the Spu’s and 4230 ish in the Nasd would provide … Continue reading