daily market intelligence 11-9-17
TRANSCRIPT
Daily Market Intelligence
Bullish DJI Bullish Spu’s Bullish Nasd 100.. Bullish DAX & Nikkei. Neutral All Bond markets Risk Spreads are Bullish DJI,SPU,NASD Long-term Bullish Indices Buy hard breaks in names or sectors of interest.
Stocks
XLV…
BSX…
ESRX…
S…MSI is another telecom with an ORH pattern
CSCO…
STX…
CTXS…
TDC…
UNP…
STLD…
SPGI
Bonds
30 Yr. Bonds..
Gilts…
2 Yr. Notes Monthly…the short end of the curve is trading oversold out through the monthly.
2 Yr. Notes Yearly…has more room with a neutral RSI
FX
Commodities
General Comments or Valuable Insight Indices are trading overbought with a mad rotation. Tonight was all about just defaulting to my Pattern recognition software for names of interest. I’m trying to find a few names that can garner some upside interest that aren’t already up and gone. Yra has been Blogging on the 2/10-yield curve for months. I threw in the Bond charts tonight because I want to start paying attention to how the curve is moving. Can the Long end break (yields up) and catch up to the short end? Keep your orders to sell the 30 Yr. @ 155.07-10. It should be a god trade the first time up if filled. Tomorrow is another day. The names will be a better trade than the indices at these levels. http://www.whitewavetradingstrategies.com/glossary/ WhiteWave Trading Strategies Independent Research from the Pro’s Pro
We Trade to Make Money www.whitewavetradingstrategies.com [email protected]
Chart Lines....Ichimoku
Green Bright...200 DMA Aqua 50 DMA Blue Green 21 DMA Fuchsia 18 DMA
These are simple moving averages. When you roll a chart to weekly or monthly the averages are simple weekly or monthly mvg averages.
The reddish purple is an embedded Imoku line which acts as momentum.
The leaf green is an embedded Imoku line which calculates 50% retraces.
