Monthly Archives: May 2024

A.M. Look 5/24/24

G7 meeting will get going today. If there is a hint of anything substantial it will show up in the currencies before the close. Spoo needs a 5312.50 print to confirm yesterday’s low with initial resistance @ 5321. The long-term … Continue reading

A.M. Look 5/23/24

Gap trading 101 today. Nasd 100 hit a big target. Metals have so far held the break. Use the Matrix in the Gold to manage risk. Corn is just starting to go. Beans should run into initial resistance @ 12.61, … Continue reading

A.M. look 5/22/24

We’re all waiting for Nvidia after the close. Nasd bar chart has been up, now the very long term PNF charts have just turned higher again. Metals are taking a mid-week break after challenging their highs yesterday. Presently, just watching … Continue reading

A.M. look 5/21/24

Gann day. Etherium is on a tear with talk of ETF approval. No interest in chasing here. Crude/Natty has filled a rollover gap and is into the top of the weekly cloud. I.E. Support. Be very patient, all you can … Continue reading

A.M. Look 5/20/24

Risk spreads are positive. Indices are not the feature. Bank holidays in Europe and Canada today. Full Moon Thursday going into a long holiday weekend. Silver…depending on which swing you use either side of 32.50, the first time up, is … Continue reading

A.M. Look 5/17/24

Confirm your work. Yesterday the matrix in the 30 Yr. picked up the 2200 DMA and cloud support in Yield. Bonds can eventually work back towards 115.00. European debt highs yesterday matched up with our long end. Silver is at … Continue reading

A.M. Look 5/15/24

10’s & 30 yr. Bonds have rallied to their respective 50 DMA’s with a matrix match in the 30. Gold is getting rich at this level. Copper has elected all its long term buy stops over the alll time high … Continue reading

A.M. Look 5/14/24

Waiting for the #’s. Follow the Bonds. 4.72 copper is the closing point of control. This is a setup week for the Grain complex.

A.M. Look 5/13/24

Energy is going sideways in a consolidation pattern. Gold…give it a go at the Matrix #. Copper in Yuan is trying to stay above its ATH close of 3.387. Everything comes back to the Bonds and this weeks inflation #’s … Continue reading

A.M. look 5/10/24

Just a note; If I send something out during the day I’m doing it because its actionable and you need to pay attention. Spoo has completed its swing to the top of the P&F. Gols will bee equally tough in … Continue reading