Metals & Yen crosses with the Yen getting very oversold, not that means al that much when the Currencies are trending. Indices….Follow the Flipping Yellow Brick Road. Qtrly pivots are all that matters. Spot needs a 5088.25 print to confirm … Continue reading
Meta is into it’s last earnings gap. MSFT near the bottom of the daily cloud. Spoo will require a 5050 print for the 100X3 to rollover. Nasd…17,400 print is needed to avoid a bounce. Keep your track shoes on today … Continue reading
Qtrly Pivots in the Indices are the only levels that matter. TSLA..177 resistance. JGB chart shows slowly higher rates.
Gold stopped at one of those pesky long-term fibs that can reject. Last week I went over the Gold saying an interim high was in and why. Timing only had a week left to rally coming into a Full Moon. … Continue reading
Gann Day today, with Full Moon Trading. Lots of catalysts all week with big tech earnings and BOJ tomorrow night. I’m viewing the Indices as a bounce off the bottom of the Spoo pit gap. It will be a big … Continue reading
You’re still dealing with Pit gaps in Spoo & 30 Yr. this A.M. Nasd low was exactly 50 % of the way between the qtly pivot and the next Matrix #. It’s a perfect example of why you subscribe. If … Continue reading
Gap Trading 101. Spoo gap running the trade. RTY/Bonds say do not chase RTY weakness into the top of the cloud with the 30 Yr. trying to fill its over head gap. Oil is at the qtly pivot. Pay attention … Continue reading
Nothing has changed since yesterday. Indices spent all day trying to establish new direction form the qtly pivots. The levels need to be digested. Spoo macro sell stops are @ 5062. Bitcoin bounced off the magic level. It will take … Continue reading
It’s all about the journey. I have much lower targets in the indices. The indices have completed round 1 in a much bigger game. Last night Spoo went to support at the top of the cloud matching the Peso Futures. … Continue reading
There was a Bloomberg article over the weekend about a pawn shop in New York doing record business in Gold jewelry. Clients were selling the family jewels to raise cash. The last time this happened was Silver and Silverware in … Continue reading