China moved to ease credit again last night. And there was little to no upside in world indices. European rates rose just after London came in keeping the Dollar firm against the metals. The mid part of the U.S. curve … Continue reading →

Nikkei is a t a weekly closing decision area. DAX is off and going out of a consolidation pattern we posted weeks ago. European Banks are at resistance. Gold and Silver are self explanatory. Oil…the fever has broke and it … Continue reading →

Full Moon Trading. Late yesterday we played with a couple of charts Long Gold & Silver Long 2’s short 30 Yr. Bonds. Risk spreads remain positive. 30 yr. Bonds… 120.24 print confirms yesterday’s high. Early yesterday it was all Russell … Continue reading →

Mid-week shuffle time. Once again we’re looking for extremes to discern possible trend change. Gold has much higher targets but I need to see sustained price action above the 2700 level. Buy breaks not rallies. Bonds either stop at the … Continue reading →

Bonds have taken back their bank holiday break. 30 Yr. still requires over 120.24 to rally anywhere. The curves are in decision mode. Oil is back lower on the year and into PNF support after rolling back through the qtrly … Continue reading →

Welcome to CME contest participants. FYI…David had some data issues and all be up later in the day. There is nothing I wish to be involved in. We’ll have to wait this out today. Buying strength in the Indices is … Continue reading →

Spoo is sitting on the line that stopped the rise yesterday. Gold followed through off the low we targeted in the room. 2-10 curve is at a decision level. 30 yr. will require holding yesterday’s low. Follow the Bonds early. … Continue reading →

Waiting for the show. 30 Yr. Bonds are coming into its 200 DMA and another Matrix level. The short term upside screw job is 121.16. Indices….all about where the breaks hold. The rough upside target in Spoo is close to … Continue reading →

ECB is expecting to cut tomorrow which is giving some voting to the 30 Yr. Indices will require breaking through the recent highs. Both the Nasd and Spoo will require higher. Oil has the potential to break into the yearly … Continue reading →

Indices are range bound. Spoo print @ 5775 is the level everyone has been overtrading for the past month. It’s also the reversal back up to nowhere on the 50X3. 30 yr. bonds have a Pit gap @ 121.04, below … Continue reading →