Today’s episode of you gotta believe. Not me! Everything I see is a bull trap regardless of whether or not you get another 50 Points up in the Spoo. I placed my bet early yesterday with Bitcoin articulating risk on. … Continue reading
Today I’ve shared the cash gold with the swings from $35 and the S&P cash. Both swings are taken from the 1970 low. EuroinGold is getting pricey. I don’t expect any significant pullback for at least another week. Spoo’s split … Continue reading
The dumping of U.S. assets continues. Gold has the potential for another 1K. Bitcoin will require sustained and closing strength above 89,500 to confirm higher. I have room for the Spoos to fall on the 150X3 into either side of … Continue reading
The board is pretty much in alignment this A.M. Spoo, Nasd & Nvidia are all into their daily balance lines “Support” The lows have to hold! Euro was gone over in the room with a 112.12 buy level. Close but … Continue reading
It’s a you first kind of day. Trade it don’t own it. Bond tell me nothing. They are stuck. Gold is consolidating for another move later in the week.
Dpoo Risk Spreads are matching the Globex session with a breakaway gap into the 50% level for this year. The Nasd is above. Spoo will have a lower gap @ 5418.50-28.50. This will be a low risk buy level the … Continue reading
As I go through the currencies and all the crosses this A.M., the picture I see is one of the Eurozone receiving all in the inflows. A lot of the activity was in Asian trade as the Bonds were punished … Continue reading
It’s unsurprising that new Index longs are stranded again buying these mid week rallies into the close. It’s now a matter of how this first retest lower holds. As of this writing the overnight lows are into old resistance and … Continue reading
Once again it’s a Wednesday, a day of extremes. Oil can be bought for a trade @ 53.25 with a tight stop. Bonds are gapping lower. Gap trading 101. Gold is not a chase on this rally, at least not … Continue reading