Bitcoin needs to hold the current lows to avoid another 2K in downside. Etherium is into daily cloud support. Spoos…will take sustained weakness below the mid 5330’s for bigger downside. Big move in the Bund vs. Italian 10’s. @ 80% … Continue reading →

Gold will need to trade below 2300 to show a defined spot for a new long. Natty is the only pure play today. The spread between Rotterdam and U.S. is still coming in. Looking at the JGB’s this A.M., selling … Continue reading →

Just an observation; last night the metals made new highs for this wiggle and then gave it up against the Yen, Yuan and Euro with ORL patterns. 30 Yr. Bonds.. the only safe place for a trade is @ the … Continue reading →

Coming into the home stretch for the 2nd qtr. Indices are treading water. Spoo…looking for 5325 print to run the next set up. Yesterday the action was muted despite the 30 Yr. rally. Typically you would’ve seen the precious metals … Continue reading →

The commodity trade topped last week. Last night the Yen stuck a fork in it. Crude/Natty and Gold /Silver spreads should be monitored before you do anything in either sector. Gold closing below its near Matrix # is the end … Continue reading →

Mutual Fund Monday. Expect positive capital flows. FX land…International investors were not impressed with the Mexican Election. Peso has dramatically moved against the Euro & CAD. This is not something you want to chase since it’s come a long ways … Continue reading →

NVDA. ran the late show when profit taking le to electing all the ODTE options in the Spoo. Pre-market Nividia is playing with yesterday’s reversal #. Nasd is up a long way from May 2 while the other indices hare … Continue reading →

Gold and Bonds have rolled. Mind the spreads! app.+ $20 in Gold. 30 Yr. is 2 ticks. Gold/Silver…Silver has stopped leading. The yearly pattern gets negated above 7520 close. Risk spreads held support against the Russell and Spoo. Dow/Bonds is … Continue reading →

Metals and Natty are in play today. It’s Wednesday! Oil…follow the yellow brick road. At this point our looking for the qtly pivot. Swing count and mag avg matches come in just above the 50 DMA. 30 Yr. has reached … Continue reading →

All commodities over the past two days. Oil has been trying to trade into the low 79 level. Resistance is @ its 200 DMA into the bottom of the cloud. tolerance for shorting is am 80.65 print which will confirm … Continue reading →