Pro Tips

A.M. Look 7/17/23

Indices have hit my initial targets on Friday with a match @ Nvidia’s 479 target. Banks, for the most part, all saw ORL days on profit taking after JPM earnings. Today we’ll see what is real. I’m looking for pressure … Continue reading →

A.M. Look 7/14/23

The only Risk spread that has backed off this week has been Dow/Bonds. I view this as just spreading vs the Nasd. The U.S. (Pit Session) is not confirmed by Globex. Spoo/Bond is currently slightly lower on the week. JPM … Continue reading →

A.M. Look 7/13/23

30 Yr. Bond has been running the show. CHF/JPY has been holding the 159.08 breakout on retests. Euro is into a level that is a take profit area. I see limited upside without further price action. It needs time or … Continue reading →

A.M. Look 7/12/23

You’ll get your chances on both sides today. If you miss one just wait. Weekly Spoo buy stops @ 4494 Wednesday rules apply. 30 yr. rallied to our initial target level and rejected overnight. You need to see it during … Continue reading →

[Re-sent] A.M. Look 7/11/23

Today is a Gann day with the long end of the curve and YEN crosses in play. USD/JPY & AUD/JPY @ its 50 DMA CHF/JPY retesting its 159.08 1979 break out. Indices are nowhere. As discussed yesterday in the A.M. … Continue reading →

A.M. Look 7/10/23

Nasd 100 relieved its RSI last night and put in a reversal on the 400X3 Spoo will take a 4400 print on the 100X3 for the same set up. 30 Yr. Bonds put in a lower low with an oversold … Continue reading →

A.M. Look 7/7/23

It’s all about the relationship today. Equities and Gold against Bonds remain firm. Unsurprising that with Yellen in China the Yen is in play with EUR/JPY, AUD/JPY and GoldinYen trying to put in weekly ORL’s. It will be all about … Continue reading →

A.M. Look 7/6/23

Risk spreads show this wiggle as corrective. It’s somewhat surprising that Gold has gained on Bonds on both sides of the Pond. Oil/Natty spread is coming into a gap that will make Oil Bulls regret reaching for strength. Spoo…the road … Continue reading →

A.M. Look 7/5/23

Our game plan was for no shorting going into today, which served us well. We did not get run over with those that do not understand price and capital flow. TSLA was up Monday and is now down, driving price. … Continue reading →

A.M. Look 6/30/23

For the myopic mutt society stuck in a 5 second 5 minute chart if you struggled the past few weeks you were listening to the wrong piper. The game hasn’t changed in decades. WhiteWave class members know this Clear your … Continue reading →