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 →

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 →