Daily Market Intelligence 10-27-16
It’s the thinnest part of the day. Spu’s have filled their gap and don’t need to do much of anything. Price action below 2134.75 late day will bring out sellers. Healthcare continues to be a drag on Nasdaq Gold…needs to … Continue reading
Daily Market Intelligence 9-26-16
EPZ6… puts in an ORH day with a close over 2143.50. The U.S. session chart does not have this pattern. 2157 is first resistance with the high 60’s the next target level. Nasd 100… I’m only looking at an attempt … Continue reading
VIX ..is coming into the mvg average support level it needs to hold, matching the resistance and upside closing pivots in the Spu’s & Nasd.
We’ve rallied to my stated resistance levels and closing upside pivots for the U.S. Indices. Spu’s…2145 Nasd 100…4825 DJI…18,200 The EUR/JPY & GBP/JPY crosses are being pushed lower. Neither of which I’d trust to maintain direction the rest of the … Continue reading
Daily Market Intelligence 9-21-16
I got the wiggle I was looking for in the Spu’s. I’m of the opinion that you’ve seen the upside and the market will be a sector rotation trade going into the FED meeting. BABA needs to be monitored for … Continue reading
I’m just watching the show today. Short-term traders can play the U.S. opening and time frames. VIX 200DMA is @ 16.70 today
There is a typo in DMI commentary..the weekly Spu ORL # was 2154.75 not 2054. It was correct on the weekly chart that was sent. December Futures are now front month currently trading @ a 7 point discount. I’ll be … Continue reading