30 Yr. Bonds are stuck in a 3 point range. Spoo…will it trade 4450 or 4350 first? Wait for direction to set up. The room was looking at the long side of the Gold late yesterday. I couldn’t get the … Continue reading →

Yesterday’s Oil close is the poster child for not chasing direction on a Wednesday. If you haven’t listened to the FRA Podcast, best do it!. https://youtu.be/nDYtMvf0aKI U.S. Indices gave me all the back and fill I need to see for … Continue reading →

Summer Solstice, Gann day Mid week shuffle and a line up of FED bloviators speaking as Powell gets grilled in front of congress. I’m looking at the long end of the curve and the weekly gap in Pit Spoo/Bond. Same … Continue reading →

I”m always amazed by the lack of vision and myopia of the 5 minute horde. Friday was yet another example of paying attention to multi-decade levels in the currencies lining up with back and fill in the Indices. FX first … Continue reading →

There is a lot going on. Yen crosses are on fire, with Suisse/Yen near 5 decade highs. GoldinEuro is close to its 50% for this swing, with Gold back at the bottom of its recent range. 30 Yr. Bonds; every … Continue reading →

Day traders have the possibility of three different wiggles today. 30 Yr. Bonds will be an important tell. I have higher targets in the indices. It’s a question of early or late. Follow the yellow brick road!

Nasd has reached a 50% target level with the Risk spreads weakening ahead of the inflation data. Names that appeared on pattern recognition and are worth a look. IRBT,SAP,AEIS,CDNS,JNPR,NOK,AEL,ROP,MNST There were many banks that put in ORL day. Nasd has … Continue reading →

Sept Spoo is trading @ a 45 point premium to June. Sept Nasd is trading @ app +150 points to June. Anybody Bullish out there? Those that have taken the course should know what charts to look at and how … Continue reading →

Not interested in shorting the indices although you could see one small back and fill off the gap up in TSLA @ its 400 DMA. Gold is the interesting asset. It’s been going against the Yuan and our Yields. Before … Continue reading →

I’m still looking for a 4262.50 Spoo print. Typical that it missed it by a tick last night when the Nasd put in its reversal. Risk spreads are positive , meaning selling weakness is a bad idea. 30 yr. Bonds … Continue reading →