The 2 yr. Chart was tweeted out this A.M. telegraphing more Risk Off Spu’s can bounce a little from the low 90’s however I’m not looking to be long. Nasd 100..closing below 6586 put it on a path to trade … Continue reading
Daily Market Intelligence 5-3-18
Daily Market Intelligence 4-23-18
Daily Market Intelligence 4-20-18
Morgan Stanley earnings was positive. FCX,BHP,VALE & RIO are trading well with a risk on board. They are set up for higher prices. VXX…39.53 is today’s 200 DMA VIX…13.24 is today’s 200 DMA Oil…inventories today @ 9:30 CDT. 66.80 is … Continue reading
Time frame trading. Indices are back to where they started Friday’s 1 P.M. break. VXX..support is into 44.40 where I would look for another short term high in the Indices. Spu’s show short term resistance @ 2647 Nasd 100
Chips are holding up the market. The Micron upgrade lifted all boats early. Industrial s & Transports trade heavy VXX…40.49 is the 200 DMA. Look to match up a short-term low in the Indices with this VXX level the first … Continue reading
VXX…40.57 is today’s 200 DMA. As long as we’re below that all the plungers will have an unhappy experience. Not interested in picking highs..if a name reaches your target level exit. You might get another entry later in the day … Continue reading
Daily Market Intelligence 3-3-18
Daily Market Intelligence 3-2-18