Keep your mouse clicking to yourself! Spoos are caught between 4137.50-39.50 on top. 4137.50 needed for a reversal on the 25X3 and the mid teens. Nasd is sitting on a weekly pivotal closing level @ 13,200 I spent some time … Continue reading →

Full Moon tomorrow night. Spoos are putting in their 3rd Pit gap higher, which is typically an exhaustion gap needing some back and fill before going higher. The #’s are on the sheet! Bonds are reacting to European debt. The … Continue reading →

Nasd is currently holding its Jackson Hole High. Resistance is @ its 400 DMA. I will need to see sustained price action under the Jackson Hole High for downside. Gold held in a big way last night right at the … Continue reading →

Gold should be closing @ an all time qtrly high. Gold in Euro vs Gold*Euro set up a little different. Looks like the former is still picking up April. Spoo filled its gap. Nasd 100 still has a 14 point … Continue reading →

I’m not looking for much today. Last night we saw a little wiggle up on Japan’s year end markings. EUR/JPY ran the monthly buy stops only to rollover. It’s qtr en and the game is next week. It’s not today! … Continue reading →

June (M) Gold is front month, which is trading @ a 17 dollar premium to April. Indices are gaping up on a Thursday making it one of the most challenging trades. You’d expect at least one attempt at a gap … Continue reading →

Precious metals should rally into tomorrow. Gold 1980 puts in a low on the Point & Figure. Gold should trade @ 1980, not exactly a stretch from here. FX and Bond spreads should be marked up into tomorrow. Then the … Continue reading →

Listening to manure on the airwaves. Kashkari should be fired for his comments on Face the Nation yesterday. I know nothing and Mary Daly is a saint who sits on the board of SVB as well as the SanFrancisco Fed … Continue reading →

The Bond side is keeping the risk spreads positive. 30 Yr; yield @ 3.779 is fib resistance. 100X3 is winding up for a bigger move. 2 yr. Futures 200 DMA @ 103.073 Spoo short term support is in the high … Continue reading →