Will all today’s dip buyers become sellers? Most instruments lows lined up with the Yellen short term t-bill funding the first of May. I stated last night I was looking for a gap fill attempt today off a low after … Continue reading →

Last night I watched NBC nightly news to see the Olympic highlights. Lo and behold they had Steve Liesman explaining the days equity sell off. He must still be on an acid trip from a Dead concert for his summation … Continue reading →

We’ve been highlighting Spoo 5408.50 as a bounce zone in the room for the past two weeks. Nasd/Bonds are approaching its 200 DMA matching the swing target of 18,500 in Nasd. Spoo/Bonds shows room for much lower, app 150 Spoo … Continue reading →

Is this another Wed-Thursday high? Gold…cash has not made a new high although the Dec , with the $47 forward. traded 2500. Oil will require a 79.20 print to confirm the weeks low. Nasd traded into the 19,700 level last … Continue reading →

BOJ raises and the Yen and its crosses respond. Sell USD/JPY= buy Yen Futures on a retest near 152 “65.85 ish Yen Futures” If this move is real I’m looking for a retest of the two 1998 intervention levels illustrated … Continue reading →

If you’re interested in Oil wait for tomorrow. Indices will be run by earnings after the close. Gold…make sure you’re looking at the correct chart since the roll is 44 dollars. Earnings * SoFi, PayPal, Pfizer, BP, Procter & Gamble, … Continue reading →

Today starts the most impactful week for the next 6. Russell will take under 2242 to unwind. Nasd is consolidating with the SPOO which is unchanged on the Month. Yen will take under 152 for risk off Lagos to take … Continue reading →

You first day. I have a double bottom on some Spoo & Nasd long term point & Figures. I have lower targets than can be achieved. Spoo & Nasd would need to negate the Qtrly ORL pattern to think this … Continue reading →

Technicals turn first-Fundamental reasoning follows The Yen is running the show. I went through all the Yen FX crosses to show you how AUD/JPY and MXN/JPY (thanks to heads up from Yra) is mirroring and confirming the highs in the … Continue reading →

I’ve been going through the Yen against everything. Whether it be other currencies, Gold or the Nikkei everything matches up. All into support. That just tells me that you do not want to be selling weakness out of the gate … Continue reading →