Swiss held its support level after a 25 point rate cut. China stimulus set the in Metals and Indices higher. Keep it simple today. This is a gap trade in the Indices at a Spoo target level. Give it a … Continue reading →

Mid-Week Shuffle. Good day to click your money away. Qtr end is Monday, it’s not the time to have an epiphany. The next game starts next week.

China easing hit the market last night. I’m not reading much into it since the names and ETF’s of the region have been in rally mode for over a week. There is nothing to buy at these levels. Soybeans bottomed … Continue reading →

It’s decision time for the long end of the curve and Crude. Both are at inflection levels that will either reject of confirm direction. Take it easy for the first part of this week as markets are still digesting last … Continue reading →

Judd’s Room will be closed tomorrow for a private class event. Inviations will be sent out at the usual time. Risk spreads are bullish with Nasd/Bonds into some resistance. Spoo..5825 is the target. Russell shows a potential double top along … Continue reading →

Welcome to fantasy island on a FullMoon. 124.00 print in 30 yr. Futures destroys the rate cut fervor. Spoo are a function of the spread which is 61 points. Don’t chase today.

Gold is doing what I’d expect and consolidating around the 1976-80 Fib Extension. It won’t be here tomorrow afternoon. As for the rest of the board, it’s all about looking at the correct chart. 30 Yr. is picking up. Anything … Continue reading →

Everyone is waiting for Wednesday with a Full Moon Tomorrow. Pretty much all the Yield curve spreads are at their qtrly balance levels matching the 126.23 qtrly momentum level in the 30 Yr. Futures. Open interest in the Indices are … Continue reading →

Gold , Silver & Spoos have reached target levels. I’ve no interest in these instruments at these levels without further price action. Yen is on its way to a new dollar weekly low close. A weekly close above the 30 … Continue reading →

Just waiting for the data @ 7:30 to respond to price. Grains should get interesting later in the session with the WASDE report.