This is my last written note of the year. The room will be open throughout the week, however I will be unavailable from Thursday early A.M. through the holiday weekend. If you’ve taken the course or sat in our 2 … Continue reading
Spoo has completed its short swing and failed to fill its Pit Gap @ 3825.75 by 1.5 points. When a market fails to fill a gap you need to close shorts or tighten risk. It’s now about how high the … Continue reading
Thanks for all the attendees that made it Friday. We had a lengthly discussion that included ORH & ORL signals. Some are valid and most need to be validated. FTSE held its 200 DMA with European debt dragging U.S. Treasury … Continue reading
Trading remains a day to day affair until late next week. Powell questions; main takeaway was he said he would look at the genius society’s blather and then be pragmatic about rates and the economy. Most charts have been cleaned … Continue reading
Class members; today is the last day to respond. The next written research wil be Monday. Have to admit I thought we’d have seen this level yesterday. Gold & Oil are holding against FX. AUD/JPY, EUR/JPY, AUD aree all into … Continue reading
Mid-Week Shuffle during rollover. Expect a couple of flows today. The big game is after 1:30 CDT press conference. I’ll go over charts @ 11:30 A.M. CDT live in the room.
We’re into rollover and the yearly end game. I gave everyone my overview late day yesterday. Equity Patterns were coming into today with Bullish patterns. 30 Yr. Bonds…129 is the only print of interest on the downside or a break … Continue reading
AUD/JPY says it all. Put your hands in your lap and wait to click the mouse! How many times do you have to see a reversal pattern and hear me tell you that you need time-frame confirmation since Bernanke broke … Continue reading
Waiting for the Indices and Bonds. The board is a mixed bag of what issuing pushed. I will await the data in the A.M.
It’s taken all week to try and rally off the matches in the indices. 4K Spoo is the 100X3 reversal # 11,800 Nasd is the 400X3 reversal # Risk spreads are currently positive. WASDE Grain report is out @ 11 … Continue reading