Canadian Dollar Futures rallied first and the Oil Futures and names followed. Spu’s will need over 2651 late for continued strength. It will be a very hard tug of war all day. IBB…Biotech had a reverse 3-1 split. This makes … Continue reading
Daily Market Intelligence 9-13-17
USD/CAD is putting in an ORH Day ( Canadian Futures ORL). This is a topping pattern for the Loonie.
USD/JPY and the Dollar Index have reached their objectives. Gold has hit resistance at the same time. Commonwealth currencies (GBP,CAD,AUD,NZD) act well and have room to the upside. Expect a strong close today. EUR/GBP…91.18 is today’s ORL #. Sterling has … Continue reading
Daily Market Intelligence 9-8-17
Daily Market Intelligence 9-5-17
Daily Market Intelligence 4-27-17
Gold…1243.20 was the Oct. Unemployment Low. If the sell stops get elected under this low over the next couple of sessions, it would be a good place to look for a bear trap. Oil…43.44 is today’s 200DMA. A week ago … Continue reading
USD/CAD…Weekly USD/JPY… Spu’s…Couldn’t quite reach its 50 DMA@ 2152. Weaker energy prices will make this a time frame trade the rest of the day. Buy Breaks/ Not rallies FEDEX 30 Yr. Bonds…the macro levels have not changed. The Equity/Bond spreads … Continue reading
It’s a commodity led rally which is still trumping yesterdays late day profit taking in tech. Nasd 100 needs sustained price action under 4505 to weaken. Spu’s will need under 2100. Silver Gold NUGT… AUD/USD Canadian Dollar Futures … Continue reading