Bunds…have reached their first target @ the 1/2 of the gap and its 50 DMA. Gold…June (M) Gold is trading app 2.5 dollars over April (J). This makes a difference when you’re determining the correct 200 DMA 50X3 … Continue reading
Daily Market Intelligence 3-7-17
I missed this Peso action this A.M. The Futures show an ORH breakout above its 200 DMA, however the cash USD/MXN shows its approaching its 200 DMA, Not through it. Defer to the cash and do not chase Futures strength. … Continue reading
Daily Market Intelligence 2-23-17
Daily Market Intelligence 2-6-17
Daily Market Intelligence 1-30-17
The board is showing early risk on with the Peso lightly strengthening. The Peso has a shot at retesting its 50 DMA. Let the day set up. Less is more today. Manage your risk on MSFT. Don’t turn it into … Continue reading
Daily Market Intelligence 1-26-17
Daily Market Intelligence 1-24-17
Daily Market Intelligence 1-23-17