Daily Market Intelligence 11-28-16
USD/JPY… Keep a tight leash on your trailing stops if you’re in the Long dollar trade. 108.70 into the may 2016 reversal @ 109.10 is Yen Support ( USD/JPY resistance) If the Bonds see some short covering late, this could … 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
Daily Market Intelligence 10-10-16
Time Frame Trading today. Capital flows abated on the U.S. Pit Bond close yesterday. We’re seeing the back and fill. The instruments maintaining direction and flow through are the British Pound and Yen which continue to weaken. There is no … Continue reading
There are changes afoot at Whitewave. I provide a tiered service. Matrix levels will be published for upper echelon clients only. Some members have expressed a desire to have them programmed into their front ends as static lines. I’m currently … Continue reading
GBP/JPY….137.37 can stall out the GBP/JPY rally. This is an area that has to play out through tomorrow’s payrolls .data for follow through. GBP/USD…the Pounds started out the month up breaking above its 50 DMA @ 131.40. This becomes an … Continue reading
Daily Market Intelligence 8-31-16
30 yr. Bond Futures have rolled to December (Z) on many platforms. (U) September is still showing a little more volume. The current discount to DEC is app 1-1/2 points. There is some follow through to Friday’s Dollar move. 102.77 … Continue reading
Oil…The September (U) contract is rolling to Oct.(V) with volume 2/1 Oct. With the September contract expiring Monday I’m looking for the Oil complex and related names to be strong into Monday afternoon. Sector rotation continues with the Equity … Continue reading