Just a couple of observations; Spoos keep closing above the qtrly pivot. Bitcoin held its 200 DMA Friday as the internet was calling for the end. This is the only level needed for downside closing risk management at this time. … Continue reading →

I’ve placed all the charts that didn’t render in yesterday’s YouTube. Bitcoin hit its 200 DMA and bounced. Looking at Gold/Bitcoin I want nothing to do with it. It has the potential to go back to its opening range which … Continue reading →

Spoo has done nothing but give you trade after trade for 40-50 points off the qtrly pivot. As long as the qtrly pivot keeps holding on a closing basis the elevator is up. My focus has been on the hard … Continue reading →

Yesterday I added back the Silver and Gold that I’d trimmed on there initial running of the Silver stops and topped it off with another bit just for good measure. Room members are long URA, which has an eventual destiny … Continue reading →

There was a great Reuters article about the Silver squeeze in India going into Diwali, which is the 21st. Robert brought up Gold/Copper yesterday. The last occurrences at these levels led to Equity sell offs. Bitcoin came close to a … Continue reading →

The board will take a little time this A.M. to set up. The better buy level in the spots will be found off the Gap on the 240 Minute chart with 6600 area buying the low risk buy level. The … Continue reading →

At this point Silver held initial retest lower while filling out the rebound last night. As long as Silver is above 43.30 ish the uptrend remains viable. Copper needs to remain above 5.02 close. Platinum will need to satin above … Continue reading →

Metals and Crypto pulled back a bit last night. Presently I’d use last nights lows in Gold, Silver and Platinum for mental, if not hard trailing stops. Indices..what’s changed? Absolutely nothing. There is currently a lot of hand ringing about … Continue reading →

Silver /Bonds have broken out above the 2011 high which corresponds to 50 in Silver. By sustaining over the 2011 high its rip city. Silver is just waking up against Equities. It’s Wednesday. Pay attention to price! As an aside … Continue reading →

I love it when main stream media finally has an epiphany and starts talking about a move this room has been highlighting for the past 5 years. Long everything / short bonds. The spreads help with targeting, both long and … Continue reading →