Spoo/Bond shows some promise off the bottom of the cloud. Russell is still holding its qtrly pivot. Oil should find a bounce into 70.35-50 the first time down. GoldinEuro…you want last night to be the low in Gold for the … Continue reading →

Russell has been going on Nasd for a month. The trade is a little long in the tooth. Nasd is a Pit gap trade from here. Spoo will require a 4525 print for pressure relief on the longer -term Point … Continue reading →

Gold inYen hit its .618 extension from 1980. This is a natural spot for profit taking. Gold now needs back over 2110 to turn back up. Gold /Bitcoin is at a big fib. Bitcoin near closing resistance is @ 43,450. … Continue reading →

Not much to do except get yourself in trouble. Euro is attempting an ORL week, which is worth keeping an eye on. I initially thought that it would be Yen strength that would run EUR/JPY and it turns out its … Continue reading →

We’re into the monthly end game. The mere fact that Spoos couldn’t print 4550 has me looking for the matrix. Gold…wait for a break into the 2040’s to entertain any buying. This has to digest the target level . Oil … Continue reading →

Rollover is upon us. Know your forwards! Bonds lead. Pay attention to the Pit gaps, for they will light the way for the shorter term wiggles. Gold has reached it’s initial target. 30 yr. Bonds have retested former support and … Continue reading →

Full Moon Trading Oil…74 is support. 76 is current resistance. 73.44 print turns Oil down for another leg. Spoo will require a 4537.50 print to confirm this recent high at the Pit gap. Yields have backed up to resistance. Pit … Continue reading →

Enjoy your holiday festivities. Judd’s Room will be open all day, then closed until Monday. Pit charts are the charts of truth when viewing the Spoo or Bonds. Long Gold and Long Indices are showing weekly breakouts, which is something … Continue reading →

It’s a Gann day with the 30 Yr. Bonds trading up to its life a contract Fib. That’s a 1 month Fib-Fib move. I don’t need to see anything else. It will take all new buying over 117.19 for another … Continue reading →

I’ve no interest in being short equities. Risk spreads are positive and they look to go higher. Oil will require a 77.76 print to reverse on the Point & Figure and confirm the low. Gasoline is sitting on its 200 … Continue reading →