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 →

The board has been all about the long end of the curve. A standard deviation in the 30 Yr. is 8-10 Futures points. Close enough for me. 30 Yr.Yield could creep to 4.50 % from here. The fat of the … Continue reading →

30 Yr. Bond momentum line is rising. 114.01 is today’s hold #. Risk spreads have backed off a bit with 3890 Spoo/Bomd as big support. You would’ve thought the indices would be weaker after NVDA & BABA price action. The … Continue reading →

Spoos would need back under 4519 and print 4512.50 for any weakness. I’m not interested in buying anything up here on a Wednesday!

Nothing has changed Gold is tying to hang in against the curves. A big big thank you to Todd for having the time and patience to sort out my tech last night. Long Gold/ Long Bonds/short Crude chart. Follow the … Continue reading →