Spoo…4224 is the semi-annual ORL that starts matching up with other work. Blowoff patterns are into initial support or take profit levels in pretty much everything. Copper is into its 200 DMA. Yen/Yuan low matches up!! Twenty yr. Futures attempting … Continue reading
Spoo…4244.75 is where the rally started in March. We haven’t broken anywhere yet. This is just beginning.The Risk Spreads have blown off! All commodity trades vs FX are done for a while, as signaled by the ORL in Yen/Yuan on Wednesday. … Continue reading
Daily Market Intelligence 2:11:21