Strong China GDP has the world in a Risk o mode. Spoo/Bond shave been in a big range for the past year. Watching for a weekly breakout of the range for much higher Spoo targets. Nasd/Bonds put in an ORH … Continue reading
Bonds are slowly rolling over. Indices are caught. Spoo direction will be determined over the next day or so. TSLA earnings Wednesday seems to be a pretty god catalyst. Resistance is known on both the Nasd, Russell & Spoo. Spoo … Continue reading
Money center Bank earnings. Everything that was pitched yesterday was bought back today. Wednesday rules keep one from pressing in the wrong spot. Gold 2063.40 was the 2020 high on a daily continuation. The active chart shows 2089.20 high. Both … Continue reading
Everybody is talking at me. Welcome to Ratso Rizzo day. Spoo & Nasd are at the top of value and need all new closing price action above the Jackson Hole High to do anything to the upside. We’ve been trading … Continue reading
Wednesday has come and gone with ORL days in Spoo/Bond, Spoos, Nasd/Bond & Nasd, Russell. Russell/Bond did not complete the trifecta. For the past two weeks I’ve been looking for a reversal on the Spoo 100X3. A 4100 Spoo print … Continue reading
I’ll be focused on the long end of the curve for the #. It will run Gold which needs a 2030 print to turn up. I remain bullish and would look for a big break as another opportunity. Brazil took … Continue reading
You won’t know if there wil be follow through until London comes in tonight. Industrial names, Defense and retail were bought early and remained firm. Mortimer and I still have the mid 80’s on our sheets. Do we trade 4075 … Continue reading
Gold completed a 50% short-term retrace into 2K marching momentum support in GoldinEuros and Yuan. Spoo/Bond is heavy on both the daily and weekly. Frankfurt is closed and interest ihas just started picking up with U.S. traders starting to come … Continue reading
There is absolutely nothing to do but get yourself in trouble. Futures trade the rest of today with tomorrow’s Globex session closing @ 8:15 CDT. Yes, the Futures will remain open for payrolls. No, the room will not be open. … Continue reading
Spoo ORL failed. The spread shows ORL but it came close to Fib support, which now requires further price action. Bonds are in play this week with the Long end coiling. Bonds up=Gold & Silver rally. Silver has been leading … Continue reading