Daily Market Intelligence 7-10-19
Give it a little time today to let the market setup. This is the first full day back in a week for many. Have a “you first” attitude for Financial instruments. They need to show new direction above or below … Continue reading
It’s going to be very thin trading. Spoo…will need sustained price action below 2982-5 for a pause in the rally. Payrolls Friday Follow the 30 yr. for the initial wiggle in the Gold & Currencies. Yra & Rick on CNBC. … Continue reading
Tomorrow’s news Today…Money for Nothing https://zoom.us/recording/share/EjMRZep10f9LfXeStQNjKGBg04LdNAx3u1gZjUtkwhCwIumekTziMw FBTP…in yesterday’s conversation with Yra & PAX laid out the price action for the next target. I certainly didn’t think they’d be up 180 points to the level overnight. Gold…tagged the 1440 level twice … Continue reading
Daily Market Intelligence 6-28-19
“Gold is rallying not on inflation expectations but rather on the perception that Central banks have lost control of their Zero & Negative rate policies.” Yra Bitcoin has just completed a 50% retrace for the life of the contract from … Continue reading
Daily Market Intelligence 6-24-19
Daily Market Intelligence 6-19-19
Spoo’s traded the next macro level which is holding. The low in KSU, a surrogate for Mexico has held its 200 DMA and its 50 WMA @today’s low. I’ve nibbled @ EWW from the long side. Spoo pit resistance for … Continue reading
Daily Market Intelligence 5-31-19