Gold should be closing @ an all time qtrly high. Gold in Euro vs Gold*Euro set up a little different. Looks like the former is still picking up April. Spoo filled its gap. Nasd 100 still has a 14 point … Continue reading →

I’m not looking for much today. Last night we saw a little wiggle up on Japan’s year end markings. EUR/JPY ran the monthly buy stops only to rollover. It’s qtr en and the game is next week. It’s not today! … Continue reading →

June (M) Gold is front month, which is trading @ a 17 dollar premium to April. Indices are gaping up on a Thursday making it one of the most challenging trades. You’d expect at least one attempt at a gap … Continue reading →

Precious metals should rally into tomorrow. Gold 1980 puts in a low on the Point & Figure. Gold should trade @ 1980, not exactly a stretch from here. FX and Bond spreads should be marked up into tomorrow. Then the … Continue reading →

Listening to manure on the airwaves. Kashkari should be fired for his comments on Face the Nation yesterday. I know nothing and Mary Daly is a saint who sits on the board of SVB as well as the SanFrancisco Fed … Continue reading →

The Bond side is keeping the risk spreads positive. 30 Yr; yield @ 3.779 is fib resistance. 100X3 is winding up for a bigger move. 2 yr. Futures 200 DMA @ 103.073 Spoo short term support is in the high … Continue reading →

Spoo’s…looking at the mid to high 40’s for initial resistance. 30 Yr. time frames look different. 129.31 is the reversal #. 30 Yr. will find bounce levels every full point lower. Risk spreads are positive but I have no wish … Continue reading →

Can you hear the Wicked Witch of the West? I’m Melting! I’m Melting! Oil just hit it’s initial downside swing count for this wiggle. I have no interest in picking a low, although it could have another bounce coming into … Continue reading →

Inlets night’s edition I thought you’d see two 50 point spoo moves with an eventual 100 point move. BIngo on the moves. What happened in the middle was a little challenging. At least a few members were on the Gold, … Continue reading →

Spoo/Bond held its 200 DMA on the close yesterday, hence the comment Show me. Spoo has to sustain price below the mid 3950’s to elect lower targets. Selling weakness into the 200 DMA in the spread will be disastrous to … Continue reading →