Spoos and Bonds havre reached their next objectives! Matrix to Matrix. Spoo/Bond sitting on its 200 DMA. Market has to breathe In here. There are overhead pit gaps to deal with. WhiteWave and Judd’s Room will be closed for the … Continue reading →

Anyone in the room should’ve been well prepared for today’s festivities. The short end of the curve rules. Gold rally vs. Euro or Yuan should be suspect given all they did was rally to resistance. Judd’s room will be closing … Continue reading →

The night the Central Banks came out to play. BOJ & SNB were both in. Yen went to resistance and the Suisse went to support. Intervention needs to be faded. 2-10 curve is through its .618 for life of contract. … Continue reading →

Don’t blow yourself early! Mortimer has pointed out that today is potentially the most important Gann day of the year. “Potential trend change” Price action will rule. Mid-Week Shuffle and all that it implies!!! FRA podcast; with Yra & Anas. … Continue reading →

Newmont mining was the outlier yesterday with an ORH day. Today SLX, Steel Vectors, FCX,SCCO,BHP led early with Nasd firm early. I was initially only looking for a retest of 3905, something I thought we’d see on Friday. Given today’s … Continue reading →

European debt is leading this A.M., taking the long end with it. Spoo & Nasd seem caught in here. it will take into Wednesday afternoon to resolve. In the meantime Bonds down will equal Index weakness. Spo 50X3, a nuanced … Continue reading →

There will be little if any trading in Europe with all eyes glued to the Queens’s Funeral. Spoo; closing resistance is 3905-12. Nasd either holds in here or goes another 100 points. Given where the risk spreads are, selling index … Continue reading →

Quad Witch. Look for a couple of big swings. So far expected follow through in the indices with a -40 point move. Spoo/Bond is closing in on its 50-200DMA cross. NO f-ing selling index weakness!!! Dec pit gap lower.

The early conversation was to sell the third Pit gap higher, which is typically an exhaustion gap. It was within a few points of a matrix to matrix move. All the longs got screwed day. Plenty of traders were tapped … Continue reading →

Fed Funds and European Debt are still being hit, leading the European Bosses lower. Spoo put in a small relief rally last night to nowhere. Dec Spoo would require a 3987.50 print for pressure relief on the 50X3. I’m focused … Continue reading →