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 →

I have room to the 5050’s in the Spoo. I’ll recess the indices after the inflation data. It’s Wednesday before tomorrow’s Month end. You’ll get your opportunities today. No reason Bitcoin doesn’t stay bid into tomorrow’s close, it’s the long … Continue reading →

Risk Spreads are positive across the indices. Follow the Bonds early.120.25 puts in a reversal to the upside. Berkshire needs lower by Friday’s close to show a topping pattern. Spoos put in a pressure relief reversal after the close. Bitcoin … Continue reading →

1st qtr rollover is upon us. NO forward in the 30 Yr. Bond 16 ticks in the 10’s Bund 37 ticks Do your home work!