I have no interest in anything today other than the closes. Trading should be thin with just you and the Bots. Enjoy the time off, things will pick up late next week.

Indices will now need to set up for another move. Give it a little time to see if there is a lower retest or we just head higher into tomorrow’s month end. Soybeans gain upside momentum above 9.90-10. Commodity currencies … Continue reading →

It’s all about the metals today. Euro, Suisse, Gold, Silver and Copper are struggling after the metals reached upside objectives. Bulls should be looking for a Wed-Thursday Low in the precious metals and Bitcoin. Be patient!!!!! It will take all … Continue reading →

FX is in play as stated last week. The one main takeaway from this A.M. is that the Dollar is weak with the Bonds down. You’d have thought you’d have sen a little more weakness in the metals which is … Continue reading →

Gold/Silver is coming into its 200 DMA. Silver resistance is @ 3045-50. European debt acts heavy. Spoos are still reacting to its Pit gap. Oil has surpasses the initial swing count of 76.50 It will be a better sell than … Continue reading →

Indices are trying to take back yesterday’s negative patterns. The important hold level is the Aug 1 high in the indices and the metals. Pick your spots wisely and do not get stubborn today. Powell speech is slated for 9 … Continue reading →

Yen crosses are in play again this A.M. The long end of the curve gave back yesterday. Oil is at the bottom of a big consolidation. Indices are grinding to their Pit gaps in a brutal way for day traders. … Continue reading →

Everything is in consolidation mode today. I’m looking in the 2520 area to buy Gold for another leg higher. The less you do the happier you’ll be.

The metals bottomed with the Indices and they have higher targets. Buy breaks not rallies, you’ll get them. In Gold that would be 80-100 dollars. The myopia of main stream wall streeters never cease to amaze me. Gold is up … Continue reading →

Not much to speak about. Yen is a stronger rallying to nowhere along with the crosses. Gold is consolidating. No change in the Indices from last week. Still focused on 5600 Spoo and the Matrix in Nasd. Oil is at … Continue reading →