Spoo gave you plenty of opportunity with a 2 way trade. With the cash bond market closed today, tomorrow becomes the tell. Follow the Bonds. Bonds Futures down = Dollar up, Risk off Equities and negative precious metals. A couple … Continue reading →

Spoos have come down to reach Mortimers 2nd target from the high for a second time. This is an area to Not Press shorts! The market needs to collapse on its own weight. Focus on selling failed rallies Euro will … Continue reading →

Spoo fulfilled Friday’s Point & Figure objective in early Asia. The index is caught between the yearly breakdown @ 3652.50 and the closing matrix # above, and its 200 WMA” 3595″ below. No chasing @ either extreme levels. The indices … Continue reading →

Follow the Bonds. Technical models are still down. Spoo & Nasd have unfilled Pit gaps from Yesterday that will effect price.

Mid-Week Shuffle is in fulll swing. Yesterday’s Pit low was a perfect spot for a Bear trap. Spoo 100X3 failed to confirm yesterday’s high. That mean it won’t doit be tomorrow’s payroll numbers. Spoo/Bond is back @ 3000. This is … Continue reading →

Spoo’s broke out to the upside in Asia in a classic Mutual Fund Monday trade. European debt ripped to resistance. The game is still an also driven debt game and has been for months. Bond Futures up = risk on, … Continue reading →

Mind the breakaway gap in the Pit Spoo. 3711.75 fills the gap to the downside. Last night I was keying off European debt rolls for signs of follow through in the Indices. Those rollover gaps will continue to effect the … Continue reading →

Mutual Fund Monday. Spoo’s are holding its 200 WMA. 3650 is the reversal # on the 100X3 with the first extreme @ a matrix #. Euro crosses have seen overnight profit taking with the weekend news all about Dollar denominated … Continue reading →

Qtr end. The only thing that matters today are the closes!! Euro completed a short swing to the 50% fibs last night. Yield s and the curves are backing up. (lower rates0 or at least a temporary pause in rising … Continue reading →

I identified the early flow which was led by the Bonds. That rally created a big unwind of long dollar positions led by the Suisse. It was another lemming effect trade. Gold closed on its yearly ORL. Looking at the … Continue reading →