daily-market-intelligence-1-11-17
Time to wait out the Vote.
AUD/USD…76.59 is resistance matching the 200DMA in AUD/JPY @ 80.17. This is a rejection level the first time up. USD/MXN..the Mexican Peso has been viewed and used by many as a Risk On indicator. Caution is advised into 183855 its … Continue reading
DAX shrugged off bad Deutsche Bank news (which is trading slightly higher) climbing back overt its 50 DMA @10,520. Mexican Peso has rallied close to its 50 DMA @ 188877 USD/MXN and is starting to get overbought. ​Gold held its … Continue reading
Daily Market Intelligence 6-23-16
Daily Market Intelligence 6-8-16
Stocks… Spu’s…2044 is the weekly hold # and the closing downside pivot for more weakness. Downside support is 2024 followed by the 200 DMA just below 2000. Spu’s need recovery over 2044 for a start. Nasd 100…4333…4285…4265; these are the … Continue reading
Protective Buy Stop. This is a Closing Trade. BUY JYAH @ 84.52 Stop GTC The Dollar is losing it’s upside momentum against a lot of Currencies. The Mexican peso is a good example. The Peso chart pattern is indicative of … Continue reading
Stocks… Spu’s…2022.50 in the Mini’s and 2012 in the Pit contract will be pivotal into Month end. They are this qtr’s ORH #s. Yesterday’s low was either the low for the rest of the week, and most likely the year, … Continue reading
SSO…I’m looking for this to trade up to 114.50 for a start. Closing over 115.50 is very Bullish. Spu’s…a close in the all session mini’s (EPU) over 1925.75 puts in an ORH day off a very oversold market. Look for … Continue reading