Gold needs to retest and hold 2150. Semi’s lead. Risk spreads are trying or are negating last weeks negative patterns. Know what chart you’re trading. Costco was a nice trade right out of the gate. Some bought META, which has … Continue reading →

Wait for it today in the indices. Gold 2170 print would indicate a short-term high is in. COST is worth a look.

Index chart have rolled to June. If you aren’t looking at the correct chart this week you will lose your ass! I’m not writing a thesis everyday for the next few weeks. Those that spent the time and money on … Continue reading →

U.S. vs JGB is still going out taking EUR/JPY and Yen with it. EUR/JPY is retesting its 50 DMA and the Yen 200 DMA is 146.17. Spoo…5120 ish is where I’d look for a reaction bounce. Nasd is struggling to … Continue reading →

Yen, Aussie and their respective crosses have been in correction mode since Monday. We knew we couldn’t expect any downside in the Bond Futures until after ECB today. All those crowing about the COT report in Aussie ( Aussie record … Continue reading →

SMCI, SMH, SOXX & Bitcoin are key market drivers. When they align opportunity presents itself. Keep your track shoes on for the next there sessions. Mid-Week Shuffle.

Google is trading into its 200 DMA. AAPL has further to go before it’s a low risk buy for a bounce. I would not own TESLA. Chips are holding with everything else in correction mode. Russell stopped at the wrong … Continue reading →

Risk Spreads are positive. Nasd, Spoo & Oil have all reached target levels. Natty is coming up to an old matrix level and prior breakout from April 2023. This will be initial resistance. Bitcoin and Gold/Bitcoin is getting overbaked! Be … Continue reading →

Gold finally filled out the P&F after two weeks of torture. It will now take a close higher on the year for further gains. Gold/FX spreads are positive. Oil is attempting an ORH week. Levels have remained the same. Cloud … Continue reading →

Happy Leap year Nasd will require a 17,813.25 print for more downside. Berkshire should be monitored for exhaustion. Oil is stuck. It’s a buy into 75.50 ish and will needing the low 80’s for an upside breakout. Gridlock in D.C. … Continue reading →