Bonds seem like they’re somewhere but they aren’t. Spoo low was 50% of the Pit gap and bounced, which is just a classic technical reaction. Euro is up on all the crosses. Watching the entire board for follow through, in … Continue reading →

It’s freakin Wednesday with very little volatility. Indices, Risk spreads and Bitcoin are consolidating ay resistance. NO change in the technicals. Copper is off to the races on a Wednesday which for me is a do not chase. Risk is … Continue reading →

Indices and risk spreads must prove themselves. We are currently into an area I was looking for price rejection yesterday. Gold /Bitcoin finally filled its gap yesterday. Much through the levels on the sheet the markets will be marked up … Continue reading →

We have breakaway gaps to the upside in the risk spreads and the Indices. Much has been written over the weekend that the worst is over and we’re back in rally mode. So far the indices are back to the … Continue reading →

First Nasd is at the bottom of a consolidation pattern. The Short end was the feature after the meeting g and stop is. Spoo will require a 5675 print in June for further downside. Many of the major currencies are … Continue reading →

Waiting for the FED and the expected inane question hour. Copper has been rallying since the Ca. fires. 30 Yr. Bonds are in a tight range. Waiting for clarity. Indices…best be looking at the right chart. Gold…a 3020 print would … Continue reading →

Make sure you are using the correct chart! Gold is this mornings feature making new highs against the Yuan. It’s into a caution level vs. the Yen and 30 Yr. Bonds.

It’s going to take a little while for the board to get going this morning. FX has rolled to June. CQG indices will roll tomorrow.

Everything I’m reading this A.M. has the daily newsletter society gagging for risk. The lows yesterday into the Full Moon could certainly pause the slide for a wiggle up, however I need to see the Spoos print 5625 to entertain … Continue reading →

Long Gold vs the 30 Yr. and Yuan is and has been the feature for the past week. 30 Yr. …116.00 is the reversal # on the 32X3 115.18 is the near support on the 8X3. No change in Indices. … Continue reading →