Yen crosses are in play, with Yen weak against Gold & Platinum. Both have room for a short term $30 move up to initial resistance. Yen 149.50 – 150ish remains Dollar resistance. Cattle is in play going into June deliveries. … Continue reading →

I can make a case that last night’s Index & FX lows are good going into end of qtr. My problem is that charts are still rolling. The yield curves are getting interesting, but here too I hate to make … Continue reading →

Bitcoin looks to be losing its mojo. Hard to know whether it’s just going into a sideways pattern or something bigger. Oil has rolled to August with a big discount. Just make sure you look at both daily and active … Continue reading →

Time to start paying attention to qtrly patterns. Energy, Dollar and Metals are in play. There are lots of thematic names in play. GE is a name that is having quite a run with the Nuclear theme. Index spreads are … Continue reading →

Friday the 13th Full Moon ranges should be monitored going forward. Platinum will require 1297 closing strength for higher, something the room was alerted to yesterday. Gold has regained its Stus as leader of the spreads. Spoo held its 5925 … Continue reading →

30 Yr. Bond is back to unchanged on the yr. Rty/Bond is into support. Oil seems to have blown off just above its 200 DMA. It will require a 66.00 print to start to weaken. Gold/Bitcoin is @ initial momentum … Continue reading →

Platinum and its crosses are in play. Gold/Platinum has elected the ORL qtrly sell stops with Platinum being directionally challenged today. Short term overbought. Platinum is at the top of the cloud with Point & Figures showing 1215 print is … Continue reading →

I have no opinion s to index movement today. Yesterday it was much easier when we matched up a big rejection level in Copper. Today Spoo must sustain above 5974 to retest the high and attempt an upside breakout. 5925 … Continue reading →

The big feature is the massive metals buying that started in London ahead of today’s ECB. I’ve been speaking to this for the entire week. Those of you who are involved should pay close attention. I’ve seen this movie before … Continue reading →

Gold & Silver were both stretched yesterday on the close. Anyone looking for a rally from a rally after a $7 sprint into Silvers qtrly pivot should know better. Yes the full swing is another $7 dollars higher. Uranium & … Continue reading →