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 →

Sheets are out. Spoo are picking up the qtrly pivot. You want to see who has the brass stones to average into tomorrow. In other words you’re waiting to se3 if there are any buyers first of the qtr. Nikkei … Continue reading →

Do not chase anything! Spoo 150X3 says it all. Risk spreads are all lifting with their respective qtrly ORL levels. CQG decided two start the new qtr today so all the long term spread bars are off! Hopefully market data … Continue reading →

New sheets will be forthcoming late Monday. As long as the indices stay relatively weak I’m expecting Gold to outpreform Bitcoin. Bitcoin requires a close over this weeks’ high to gain upside momentum. The only thing that matters are Monday’s … Continue reading →