Should be a busy morning with the data releases. Since this is the first spat in a while I can wait out the initial reactions. 30 yr. Bond ran price early yesterday and I would expect that to be the … Continue reading →

Silver and Gold are back at the top of value on the PNF’s. March is now front month in the Indices and FX. Class members should know what to do this week. Friday the Room will be closed for the … Continue reading →

Finally got the 6825 print last night. Follow the Wednesday rules of not chasing direction on an extreme close. The smelly charts at days end were the risk spreads showing ORH’s at near or ATH’s screaming do not chase. I’ve … Continue reading →

It’s Wednesday with a volatility event! Data Matters!!!!!! All you need to do is look at the cash Spoo/Silver chart vs the Futures. Only a few will see the 200 Qtr screw line on the cash chart!! Whether the Metals … Continue reading →

It’s all about tomorrow afternoon. Silver requires a 59.50 print on the PNF. Platinum has room today to 1700. Gold is consolidating in a $ 100 range. Silver Miners held momentum yesterday. Use a 75 dollar alert for today. Silver/Spoo … Continue reading →

No selling Bond weakness! As far as the rest of the markets there is no change in major levels.

Spoos have taken two weeks to finally print into the upper 80’s. Not interested. The Long end of the curve is rolling over with yields now above its 200 DMA, however you will need confirmation above weekly momentum @ 4.81. … Continue reading →

Full Moon just after NYSE close. Is today a low or was yesterday a high for the metals? Waiting to see how the metals against the Equity spreads play out. They’re currently flirting with a massive qtrly Fib level which … Continue reading →

Bonds are heating up with 30 Yr. Yield sitting on its 200 DMA. Futures, after trying for almost 3 months, have put in a reversal on the 32X3. This gives context and parameters for the next move. I’m a long … Continue reading →

I’ve been perusing the mobs projections for the metals. The long term projections and how they’re generated are interesting. Stay in the here and now. Take it one major target level to the next with a focus on hard breaks. … Continue reading →