The overnight story is the weakening Dollar. Shcomp was up with the Yuan and the Aussie. Even the Pound caught a bid. TLRY is up big after announcing the investment firm would not dump their stock when the shares float. … Continue reading
Daily Market Intelligence 1-10-19
Gold broke out above its 200 DMA on Active Daily Continuation. It’s gaining against the Suisse & Yuan I bought UNH @ 253.60 with a dollar stop looking for 263 ish where I will liquidate the position. I bought the … Continue reading
I wouldn’t have thought with AAPL & OLED getting smoked that China would’ve made this big of a difference. Yuan strengthening = Equity strength. Soybeans have an ORH week on China news SMH, XHB, XLY, KWEB, IEMG, ITB, SKYY, EEM, … Continue reading
Aussie is up against the Yuan. The yearly chart shows that the Aussie should be sold @ 71.64 (the yrly ORL #) with a tight stop. Euro is seeking its 200 WMA @ 113.15 The rising long end of the … Continue reading
Daily Market Intelligence 10-18-18
Daily Market Intelligence 10-1-18
Daily Market Intelligence 8-24-18
Daily Market Intelligence 7-27-18
Spu’s traded into 2736. It’s a gap that I want to see filled during the U.S. session. Spu/Bonds…traded into its 50 DMA matching the Gap in the Spu’s @ 2736. YUAN..spiked through its 200 DMA. 6505 is the weekly level … Continue reading