Chinese are bailing on China with a weakening Yuan. The short end of the U.S. curve is close to breaking higher yield momentum. 30 yr. I consolidating and bouncing a bit off a key technical level. Italian debt is leading … Continue reading →

Friday’s initial high @ 3725 in the Spoo and reversal # on the 100X3 remains the key downside level. Yen held it’s first intervention High and weakened to support. Be patient for what is next. GoldinYen is very close to … Continue reading →

2 Yr. Futures are coming into the .618 of life of contract. The 10 Yr. Yield has broken out above its Yield opening range, confirming the 2-10. TSLA will be a key driver tomorrow. Pay attention to the weekly ORL … Continue reading →

Gann day today. Yen; the Futures set up differently than the cash due to the forwards back in the 80’s Yen Futures are already through their Plaza accord Fibs. I’ll stick with the cash and the target is 169 USD/JPY. … Continue reading →

TSLA earnings did not give the Bulls the umpff they desired. Technical models remain down in the Indices, FX, Gold and Bonds. Spoos are following last weeks playbook. 3725 print is needed for any rally. I will be cautious when … Continue reading →

USD/JPY traded 150, so far no reaction other than a buying of other Currencies via the crosses. Last night I put in a Mexico chart EWW. Peso has been stable and now unchanged on the year against the Dollar. A … Continue reading →

Indices and Risk spreads back and filled their respective gaps, which the rom was on early. NFLX is keeping the board positive after the close by running it’s Monthly ORH buy stops. Oil needs to hold today’s low to avoid … Continue reading →

Netflix had its moment in the sun. TSLA is the last hope for Equity Bulls after today’s close. Heating Oil blew off is is now trading @ its 200 DMA. Trade over. Yields run the world!!! 30 yr. U.S. Yield … Continue reading →

It’s a big gap game in the Indices. Crude has rolled to December which trades @ a $1 discount to Nov. Course members should trade accordingly. Netflix has been trying to bottom since its last earnings implosion. Now it’s trying … Continue reading →

FX trade was dominated by Truss headlines that she is close to getting the boot. No one is apparently ready to challenge 150 USD/JPY, a natural caution level for intervention. GoldinYen is showing some strength. Gold would need a 1680 … Continue reading →