Full Moon Trading. From yesterday’s chart package you should’ve been able to see that it’s Taiwan or U.S. ( Nasd 100) Both matched up this A.M. for a descent pullback. So far spot has given me 50% of what I … Continue reading →

Indices are over baked with Nasdaq Hitting a key level of contention. The bulk of this weeks rally is the premium in the spreads. Copper lost momentum as did the other metals against the Yuan 2 weeks ago. Bitcoin below … Continue reading →

For my first decade in the business I always took a holiday over rollover. It wasn’t until later in my career I learned why so many of the really successful traders only worked for 2 weeks a qtr., made their … Continue reading →

Spoo…all the short term averages come in @ 5394.50. DAX has led. EUR/JPY weakened to it’s 50 DMA and bounced with the Spoo. Gold will require a 2350 print. Watch the spreads early EP/DJI CAT & DE are having constructive … Continue reading →

It’s a you first morning. Nikkei put in an ORL last night pre-BOJ. I’m not buying it. Yen is winding up in an area that should see a big move one way or the other. USD/JPY in the upper 170’s … Continue reading →

Indices have a small Pit gap up. AAPL led yesterday with a short -term target either side of 213 Spoo targets are much higher. All point & figures have turned up with the exception of the 150. I’m expecting that … Continue reading →

Bitcoin needs to hold the current lows to avoid another 2K in downside. Etherium is into daily cloud support. Spoos…will take sustained weakness below the mid 5330’s for bigger downside. Big move in the Bund vs. Italian 10’s. @ 80% … Continue reading →

Gold will need to trade below 2300 to show a defined spot for a new long. Natty is the only pure play today. The spread between Rotterdam and U.S. is still coming in. Looking at the JGB’s this A.M., selling … Continue reading →

Just an observation; last night the metals made new highs for this wiggle and then gave it up against the Yen, Yuan and Euro with ORL patterns. 30 Yr. Bonds.. the only safe place for a trade is @ the … Continue reading →

Coming into the home stretch for the 2nd qtr. Indices are treading water. Spoo…looking for 5325 print to run the next set up. Yesterday the action was muted despite the 30 Yr. rally. Typically you would’ve seen the precious metals … Continue reading →