A.M. Look 10/18/23

Long Gold or Oil/ Short Bonds and Equities.

Gold will require a weekly close above 1970 to go from here.
Not interested in getting all bulled up on a Wednesday.

Spoo…still need a 4375 print again. Anything into the mid 50’s will be a trap.
Short term clouds show it can hold right in here.

Be patient!

Oil…December is trading $1.30 discount to Nov.
December is Front month today.

Nvidia would have to break $70 to provide a low risk buying opportunity.

This entry was posted in Archive. Bookmark the permalink.