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 →

This week Nasd/Russell has been running the show. Russell is coming into its target @ 1876.20. I went over close to 50 names and sectors late yesterday lookingg for opportunity. Do your technicals, and above all do not expect a … Continue reading →

Risk spreads put in new highs for the year yesterday and are stalling out. Oil is in the middle of its recent range. Wheat is reacting to Russian aggression and a drought in Australia, which is expected to reduce their … Continue reading →

The board is risk on all driven by the long end of the curve. Euro and Gold are coming into bottom of value on the Point & Figures. Tomorrow night starts central bank week with the RBA. Spoos have come … Continue reading →

Full Moon Trading! Risk spreads are @ initial resistance. No buying initial strength. Put up your Pit charts!!! Spoo..breakaway gap 4239.75 Nasd…14,528.75 NO interest in FX as Aussie and Euro are into resistance matching the risk spreads. Nikkei and China … Continue reading →

Looking for a quiet day. Spoo will need a weekly close over 4227 for higher and sustained price action below the matrix for lower. Nvidia ran the show yesterday. I would look for more of the same over the next … Continue reading →

All roads lead to China. Simply put their numbers, which are never believable, were abdominal. Commodities are getting crushed on the expectation of weak Chinese demand. Looking at the Yuan caution is warranted. Tech is trading off Nvidia. Pay attention … Continue reading →

Rollover has begun. August Gold is trading $19 over June. Bonds have rolled to September. 30 Yr. is plus 10 ticks. How to trade the rollovers and what charts to be using is all included in the course. If you … Continue reading →

Spoos and Nasd are at the top of yesterday’s value. GBP/JPY & CHF/JPY are still strong. India, Mexico and Brazil lead with DAX holding its 50 DMA. Australia held a great level. To me that says do not get overly … Continue reading →