It’s a you first kind of day. Trade it don’t own it. Bond tell me nothing. They are stuck. Gold is consolidating for another move later in the week.

Dpoo Risk Spreads are matching the Globex session with a breakaway gap into the 50% level for this year. The Nasd is above. Spoo will have a lower gap @ 5418.50-28.50. This will be a low risk buy level the … Continue reading →

As I go through the currencies and all the crosses this A.M., the picture I see is one of the Eurozone receiving all in the inflows. A lot of the activity was in Asian trade as the Bonds were punished … Continue reading →

It’s unsurprising that new Index longs are stranded again buying these mid week rallies into the close. It’s now a matter of how this first retest lower holds. As of this writing the overnight lows are into old resistance and … Continue reading →

Once again it’s a Wednesday, a day of extremes. Oil can be bought for a trade @ 53.25 with a tight stop. Bonds are gapping lower. Gap trading 101. Gold is not a chase on this rally, at least not … Continue reading →

The best look for the Spoo is the 50X3 showing all new strength over 5040 is needed for a gap fill. Silver is giving investors a chance to take some money unless you want to risk Friday’s low. Two’s have … Continue reading →

Does anyone else have Ringo’s NO NO song ringing in their ears this A.M.? Spoos have gapped a gap lower and the only place I’m looking is the Matrix matches at the Qtrly momentum line for a hold for rip … Continue reading →

Liberation day..right you are. Bessant gave Bloomberg an extensive interview after the unveiling which is worth a listen, Today is straightforward. Spoos have completed their swing count to their initial target just shy of another Matrix #. Risk spreads, Indices … Continue reading →

Spoos have taken their third round trip in the past 24 hours between the magic #’s. Should be a pretty good trade today into the afternoon. Italian 10’s are at a directional level. U.S. 10’s have room to move to … Continue reading →