I remain extremely bearish. Andrew had me look at a couple of charts which is SNB capital flow. Long Dollar Swiss Long Nasd. I am not looking for a low in the Nasd until the qtrly ORL sell stops get … Continue reading →

The Bond & Gold high last night was not good. I’d expect the bonds to back off a little more. Gold will need to hold the 28 80-85 level or the next support is $100 dollars lower. Gold/Bitcoin is responding … Continue reading →

Just a couple of observations this Wednesday. European debt is rallying led by the Italian 10. They’re into near term resistance and will require another day up to follow through. Metals…you best know what you are looking at today or … Continue reading →

Bonds are the feature this A.M. as more and more investors are locking in yield. 120.13 is qtrly momentum. What’s surprising is the muted reaction in the Currencies and Gold to lower yield. As I’m writing someone saw the same … Continue reading →

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 →