Don’t be a Turkey and buy strength in anything on a Wednesday. Spoos are back at the scene of the last crime. It’s a level that needs to be worked through. Gold has a potential double top against the Yen, … Continue reading →

The Room loaded up on Risk early yesterday. Some chose the indices others SOXL, which I missed while I was buying all the Metals, GDX and SCCO for a Copper play. I stayed with the metals and miners. Pretty much … Continue reading →

In today’s episode of executive decisions gone bad one need look no further than the forced roll in the metals complex. December is still the liquid contract and front month in all metals as far as this technician is concerned. … Continue reading →

Let’s get right to the rat killing before everyone asks me the same question. Silver acts terrible, however it is into descent bounce support on all the associated Crosses. No selling weakness. Spoo, for those that like to parrot main … Continue reading →

Stuck in the middle with you. That is exactly where most instruments are this A.M. Indices have come back to their respective balance lines. Another gap day where you’ll need to give it some time to gestate as the names, … Continue reading →

Gold & Silver are into areas where you can trim some longs depending upon your style of trading. I’m just eyeballing Equity/Metals spreads on a decade + look on a Wednesday. Just saying don’t push or reach for anything today. … Continue reading →

Spoo qtrly pivot is the # that just keeps on giving. It’s been the low for a couple of 300 point moves and just the past few days 150 points plus some easy 50 point wiggles. I’m not looking to … Continue reading →

Friday the room bought risk early. I bought a starter position back in Silver, Gold and the Miners. I’m still not convinced there is not more consolidation to take place. The one negative I see is the Silver making a … Continue reading →

Indices are right back to the lows of last Friday. Qtrly pivots and swings are in play! Spoo has daily funky cloud support @ app 6789 ish followed by the qtrly pivot. For those of you that follow the yellow … Continue reading →

In today’s chart porn the bottom two life of Silver shows where the execitables are getting their upside projections. First, stick with the Linear until it’s no longer viable. After which you can then use the log if and when … Continue reading →