Gap and go. Make sure you start selling because the indices can’t possible go any higher! My A.M. levity! The most back and fill you’re looking for is to the weekly Pit breakaway gap in the Spoo. Yen/Yuan shows more RMB … Continue reading
Daily Market Intelligence 10-15-21
Daily Market Intelligence 10:13:21
China steps in last night to add liquidity. Yuan and names rallied and so did the related Yuan commodity trades. Gold…December (Z) is front month, trading app + $5 over August. Yuan…6.4609 is the weekly ORL. Yuan has elected its … Continue reading
Daily Market Intelligence 7:28:21
It’s shaping up to be a difficult day. Spoo’s are overextended into the overnight high. Mind the Pit gaps. Grains have lost their bid albeit Corn is still holding against the Yuan. The Canola Oil news out of Brazil is … Continue reading
Daily Market Intelligence 7:22:21
Daily Market Intelligence 7:1:21
Daily Market Intelligence 6:21:21
Spoos held last night! Using the 50X3 for risk management. First chart is June 25X3. Sept must close above 4196 which is the continuation weekly ORL. FX; Dollar bid is bigger than I would’ve thought. Gold has completed a 50% retrace … Continue reading