Gold will require a 1980 print to think we’ve seen the high for a bit. GoldinFX spreads are still positive. Spoo/2 yr. and Nasd/2 yr. spreads have filled their respective gaps and failed at momentum. Bonds have bled off enough … Continue reading →

Month end. Bonds are in rally mode. Yen and EUR/JPY are on a mission that should not be faded today. Spoo will still require a 4200 print for any signs of stabilizing. Nasd will require a 14,514.50 print Time frame … Continue reading →

The room consensus is Yellen can’t reach those funding projections. = Sell Bonds and risk assets. BOJ tonight will have the market moving as discussed in the room. Spoo failed to print the reversal # @ 4200 Nasd/Bonds show more … Continue reading →

Bloomberg is picking up on the Treasury Funding announcement pre-FOMC on Wednesday. Andrew has been pointing its importance all last week. Copper was the only hint at a risk on board this A.M. Indices seem to be at initial resistance. … Continue reading →

Thank you to all the CME college trading team members that have read our reports or joined the room. I’d like to take a moment to thank Goggle for the obnoxious A.I. overlay on GMAIL. Amazon has rallied to nowhere. … Continue reading →

So far earnings have ben a very wet fart. I doubt Amazon can lift the market all by itself. Spoo has reached a bounce level with Pit exhaustion gaps in the Nasd as well. 4212.50 is about all the rally … Continue reading →

Both David and I both had the 4290’s as a first rejection level mapped out last week. Figures you’d get it on earnings after the close. Bonds could go as low as 109.11 and hold. Earnings high was two ticks … Continue reading →

Our basic trading process told us to buy before we sell this A.M. looking for a minimum of a 4245 print. Traders Almanac said this is a low day looking for an up market into Nov.1 with 95% accuracy. Russell … Continue reading →

Spoos are right back hewer we were Aug 22, the Jackson Hole High, that precipitated a 700 point break. There is plenty of technical stuff to deal with in this area. It will be a two way trade back up … Continue reading →

Oil has room to 91.50 ish in December before needing all new [rice action for higher. November contract goes off the board today. Indices will require all new and sustained price action under last nights lows for retests lower. Bonds … Continue reading →