DAX had a bit of a relief rally but still has to prove that it can hold up. Russell will need back over its 200 DMA to go anywhere. Both the Nasd & Spoo filled out their respective long term … Continue reading →

Yen rejected the first speed bump @ 149.23, the weekly balance line. This level will run the crosses. I doubt the Yen breaks much more than it already has. It will take sustained and closing price action through 149.23 to … Continue reading →

Spoo show a stranded close on a Wednesday. DAX held for now. The names have been much more interesting with SMCI hitting major resistance with a Wednesday high. PLTR is another game. I’m not involved but I’d look at it … Continue reading →

Energy is heating up here in Frost Bite Falls, while Fearless leader puts on his Big Bad Wolf costume keeping the Indices stuck. Crude is losing to Natty, which is a pattern I wouldn’t chase. If you’re playing here just … Continue reading →

Indices are pressing higher with positive risk spreads. Spoo will need to maintain above 6148. Gold double bottomed in the 2880’s, although I do not wish to chase this since the Gold/FX spreads are into some momentum resistance. Bitcoin weakens … Continue reading →

The main feature this A.M. is that Silver finally broke out above the U.S. Election Day high. I’ll go veer the Silve /FX spreads just after 7 in the room. Gold show a potential top with the Indices so far … Continue reading →

Harris-Groman This is as timely as podcast as you will ever listen to. https://us02web.zoom.us/rec/share/xJ-dDGHBp0I_OcHbbgphH91Jm7qH8OaYJRiOmmStuzK8XcedRxcnZSi52bF7_RNm.JuVUYdPg9fLf6b8W Bond become neutral with a 114.00 print

Markets are Time or Target. The best of both worlds is when timing and price align. I’ve had my price targets in Gold forever. Timing is closer to month end with a Full Moon Wednesday. Gold is into a $900 … Continue reading →

30 Yr. Bonds are @ initial resistance. Spoo/Bond is into unchanged on the year, Google is into unchanged on the year. That said, be careful of selling a Wednesday extreme. The big bad wolf was at it yesterday. If he … Continue reading →

Risk spreads held a retest of their respective 50 DMA’s last night and now have a relatively neutral bias. Euro must break and close below 101.72 for lower. I would imagine the big bad wolf will get to Europe in … Continue reading →