In this weekend update, we look at oil production, oil demand and rig count. This is somewhat of an update to previous analysis of oil and the impact to the Canadian dollar. Over the past week, the U.S crude oil inventories had a 5.2 million barrel draw down, the most significant drawdown since the first […]
ShadowTrader Video Weekly 05.14.17 – Market continues to move laterally with no sign of sellers Danno’s money flow showing buyers under the hood Trade Ideas: RUT put ratio, DY long stock, XEL-CMS pais trade, MA r/r What to do with Priceline now?
Market Profile Value Areas and POC figures for /ESM7 and /NQM7 Futures are posted free every morning HERE. Click on any posts in the list on the left pane to see them in the main window. Don’t click on the ST logo as it will just refresh the page and you’ll get only the topmost […]
(JP Morgan Chase – Wells Fargo) Back to the payroll coach, and looking to come out shooting high and aiming low! It seems to me that the pair wants to go to the top of the channel now, and should offer a nice short entry around the $34.00 spread value or so. Let’s set our […]
An update of our proprietary measure of broad market money flow (MF) is pictured below. The magenta arrows indicate the last point we posted the status of MF. Since then, MF has moved higher out of its sideways channel. The S&P 500 Index (SPX) also moved higher, but to a lesser degree. For those looking […]