Daily Market Intelligence 3-1-18
Spu’s ,Dow Futures et al got hung up at a mvg average that i follow. Expect 25 point Spu ranges. VXX is holding its 200 DMA No matter what the early price action we’re going to closde higher on the … Continue reading
Daily Market Intelligence 2-15-18
It’s a Risk On Flow going into London’s close. The late show will revolve around 2719 in the Spu’s its 50 DMA. Price action above that level late will lead to rampant late day buying. VXX..sustained price action below 42 … Continue reading
Daily Market Intelligence 2-7-18
Bottoming is a process. The high in the Spu’s and most names like AAPL,GS ect. all stopped at or near resistance. Everybody is all in again. You’ve only seen the first inning today. VXX using a 15 minute chart with … Continue reading
Daily Market Intelligence 1-02-18
The miners are up in pre-market as yesterday’s low is proving to be a good technical level for a bounce to gain some traction. Traders involved with NUGT should be using a stop against yesterday’s low. My mental stop is … Continue reading
Daily Market Intelligence 8-26-16