LBRMarket Commentary

Homework and TradeSheet for Tuesday June 11

Jun 10, 2019 | Market Commentary

SP – 120 minute grail Buy underneath NQ – new mo mo high on 2 ROC, consolidation day US – 153’03 main downside pivot – test below Bunds – three bar ...
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Homework and Tradesheet for Monday June 10

Jun 09, 2019 | Market Commentary, Opening Play

Friday’s rally:  lightest volume day of the week. Good chance upside included some short squeeze. There is an unfilled pit session gap in play for this week below 54.75.  The t...
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Homework and TradeSheet for Friday June 7th

Jun 07, 2019 | Opening Play

SPs – Short test above Previous Days high for a scalp Russell – Buy Day on 2-period ROC Bonds – can still get close above 5 SMA – trading range Bunds –  ...
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Homework and TradeSheet for Thursday June 6th

Jun 05, 2019 | Opening Play

ECB day!  DAX made a wide range reversal pattern at the recent bottom which shifted the momentum back up. It formed a doji bar after two strong rally days – 120  minute  bull ...
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Homework and TradeSheet for Wednesday June 5th

Jun 05, 2019 | Opening Play

DAX had  range expansion up and made it back to its daily EMA – SPs will try and follow  suit.  Momentum shifted to the upside at least for Wednesday with new momo highs on th...
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Homework and TradeSheet for Monday June 3rd

Jun 03, 2019 | Opening Play

SP – 9 day RSI oversold, morning gap down = play back to PDlow of  2750 Russell – Buy Day US – Z day –  should trade lower on Tuesday (Monday =  day after 2 ...
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Homework and TradeSheet for Friday May 31st

May 31, 2019 | Opening Play

Much commentary from yesterdays homework has played out already but will add further comments: DAX – 120 minute bear flag – poised for test down,  trade down further or st...
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Homework and TradeSheet for Thursday May 30th

May 30, 2019 | Opening Play

There was increasing volume to the downside on the second day high to low.  Today is a  Buy Day  but scalp only since multiple time frames made new  momentum lows.  The DOW made n...
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Homework and TradeSheet for Wednesday May 29th

May 29, 2019 | Opening Play

May’s swing low is the most visible chart point for indexes:   DAX is just testing this level in the overnight session and all US indexes have tested below and will most likely...
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Homework and TradeSheet for Tuesday May 28th

May 28, 2019 | Opening Play

Monday’s trading brought further consolidation in the DAX – forming a three bar triangle.  The SPs  stayed in a  narrow range as well.   2805.75 is the most visible do...
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