We have a classic risk off board this A.M. Gold-Platinum still has a little farther to go. Silver and Copper have been sold against the Gold. Friday I was looking for a low risk way to be long Gold. That … Continue reading →

No trade in the Indices. Todays Spoo buy stops are @ 4161. Euro starting to sustain over its 200 Qtr @ 109.92 with a strong DAX. 2 yr yield caught between its 50 & 200 DMA. 10 Yr. on its … Continue reading →

TSLA led after 12:30 and stopped @ the bottom of the cloud, which lined up with the Index lows. Mortimer pegged the high and low today in the Spoos. Will take a deeper look tomorrow.

Linear vs. Log chart Yesterday I sent out a TSLA chart set on Log. As you can see from today’s Linear chart that the daily cloud comes in @ 159.73. Fib Retracements done on a linear chart show two big … Continue reading →

VIX…ORL @ the bottom of a move into oversold condition. Do not go home long, rather wait and respond to price in the A.M.

VIX helped us discern direction into today. Oil went to half of the gap. We’ll need more price action to see if it can fill. Soybeans will likely trade in a similar fashion. Gold needs to print 2020 to confirm … Continue reading →

Lots of moving parts. 30 Yr. traveled from matrix to matrix last night. Spoo short term support all lines up just above 4150. A 4150 print is needed for a reversal on the 50X3. Gold; not picking a low just … Continue reading →

Strong China GDP has the world in a Risk o mode. Spoo/Bond shave been in a big range for the past year. Watching for a weekly breakout of the range for much higher Spoo targets. Nasd/Bonds put in an ORH … Continue reading →

Bonds are slowly rolling over. Indices are caught. Spoo direction will be determined over the next day or so. TSLA earnings Wednesday seems to be a pretty god catalyst. Resistance is known on both the Nasd, Russell & Spoo. Spoo … Continue reading →

Money center Bank earnings. Everything that was pitched yesterday was bought back today. Wednesday rules keep one from pressing in the wrong spot. Gold 2063.40 was the 2020 high on a daily continuation. The active chart shows 2089.20 high. Both … Continue reading →