Last week we’ve been featuring Gold/Bonds and the breakout to new all time highs. This remains a buy on any hard break of 30-40 dollars. GoldinSuisse is at new all time highs and is leading the Gold rally in FX … Continue reading →

Spoos had a pretty good bounce off unchanged on the year. Within the past hour the ES has come back to retest the level. There will be resting sell stops below. I remain bearish with the 30 Yr. breaking. Looking … Continue reading →

Waiting for today’s Bond auctions. We’ve discussed the possibility of a failed Bond auction as a catalyst for a rather large market moving event for over a year. 30 yr. Bonds will require sustained price action over the qtrly pivot … Continue reading →

Euro will take all new strength above the high to extend as confirmed by the Yen crosses. Follow the Yellow brick road. Not withstanding a a Plaza Accord fib in the Euro just check your sheet. The levels are all … Continue reading →

Risk spreads are not confirming this up move in the Indices. Having said that we fully expected first of year buyers. Spoo will require a 6000 print and the Nasd 21,500 to turn up. Euro…beware the Plaza accord fibs!!! The … Continue reading →

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 →

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 →

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 →

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 →

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 →