Monthly Archives: December 2024

A.M. Look 12/23/24

Class members just had a very nice end to their year. Spoo’s will require a weekly close above 6039.75 for higher. Traders should be pushing their winners into year end. Short Bond Futures-Long Dollars. Monty Hall is at it again. … Continue reading

A.M. Look 12/19/24

Indices, Risk Spreads, TSLA et al all held. Silver and Gold both need to hold last nights low. I was looking for a retest of the matrix in Bitcoin and that was fulfilled. Bonds ..this is the third breakdown gap … Continue reading

A.M. Look 12/18/24

The levels remain the same in the Indices and Bonds The game is this afternoon. There are big rollover gaps in the Spoo & Nasd risk spreads, which don’t have to be filled when we expect. Yra said he might … Continue reading

A.M. Look 12/17/24

What’s the rate cut odds 97%. The long end is in disagreement. I’m not interested in picking a bottom at the Yellen Pivot, a level we’ve bounced off before. My brass balls have turned to raisins. You can certainly contra … Continue reading

A.M. Look 12/16/24

It’s the last dance of 2024. For those who’ve taken the course or listened to the recordings you should be aware of trading off the correct chart. The roll is in full swing with December index futures having a very … Continue reading

A.M. Look 12/11/24

Focus on the U.S. session charts. Looking at the 30 Yr. it is likely you’ll see it both ways. Nasd held 50% of its most recent gap yesterday and bounced. Yen has been correlating with the Nikkei. Yen down Nikkei … Continue reading

A.M. Look 12/10/24

Yesterday we were focused on the rollover gap in the Bunds expecting our 30 Yr. to weaken into Wednesday’s inflation data. Support is still @ 118.08. We’re coming into this year’s end game. Yes, I’d like to see a descent … Continue reading

A.M. Look 12/9/24

Gold & Copper are up against the Yuan with the Aussie having a bit of a bid. The metals are into resistance. Wednesday will be the better day to look for a trade. We are in the end game and … Continue reading

A.M. Look 12/6/24

We’re going to the end game with fewer and fewer participants going into year end. It’s been a banner year for many in the room and elsewhere. I’m toasty. I will only be writing if there is something to say … Continue reading

A.M. Look 12/5/24

Bitcoin has reached a multi-year target. No I’m not picking a top nor am I picking a top in risk assets. It’s just a milestone level that will need to be digested. Bitcoin has broken out against Gold. The projections … Continue reading