Pro Tips

A.M. Look 6/3/24

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 →

A.M. Look 5/31/24

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 →

A.M. Look 5/30/24

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 →

A.M. Look 5/29/24

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 →

A.M. Look 5/28/24

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 →

A.M. Look 5/24/24

G7 meeting will get going today. If there is a hint of anything substantial it will show up in the currencies before the close. Spoo needs a 5312.50 print to confirm yesterday’s low with initial resistance @ 5321. The long-term … Continue reading →

A.M. Look 5/23/24

Gap trading 101 today. Nasd 100 hit a big target. Metals have so far held the break. Use the Matrix in the Gold to manage risk. Corn is just starting to go. Beans should run into initial resistance @ 12.61, … Continue reading →

A.M. look 5/22/24

We’re all waiting for Nvidia after the close. Nasd bar chart has been up, now the very long term PNF charts have just turned higher again. Metals are taking a mid-week break after challenging their highs yesterday. Presently, just watching … Continue reading →

A.M. look 5/21/24

Gann day. Etherium is on a tear with talk of ETF approval. No interest in chasing here. Crude/Natty has filled a rollover gap and is into the top of the weekly cloud. I.E. Support. Be very patient, all you can … Continue reading →

A.M. Look 5/20/24

Risk spreads are positive. Indices are not the feature. Bank holidays in Europe and Canada today. Full Moon Thursday going into a long holiday weekend. Silver…depending on which swing you use either side of 32.50, the first time up, is … Continue reading →