Tag Archives: Copper/Yuan

A.M. Look 6/3/21

The selling started in London. DAX & FTSE have elected their daily ORL sell stops and are now into initial support. Spoo…short term averages come in from 4177-72. 4150 print is needed for a reversal on the 100X3, which would … Continue reading

A.M. Look 5/20/21

Mvg averages matter!!! Bitcoin held its 200 DMA Spoo currently holding its 50 DSMA on retests. Gold/Copper…you’re looking at a swing from 1972! It held showing Gold gaining on Copper. Sustained closes over 4100, its 200 Month Mvg avg, is … Continue reading

A.M. Look 5/14/21

DAX is leading Index strength. 30 yr. Bonds are running the show. Follow the Bonds. Spoo…all about the Pit Gap resistance and the weekly point of control “4120.50” Copper has lost momentum against the Yuan. It needs to set up … Continue reading

A.M. Look 5/7/21

Copper & Spoo are in play. Copper has broken out against the Yuan. Spoo…100X3 shows a double top, which I expect to see violated, leaving way to the target. Short term P&F’s ( 25X3 ) are more granular and will … Continue reading

Daily Market Intelligence 4/29/21

Daily Market Intelligence 4:29:21

A.M. Look 4/19/21

30 Yr. Bond Futures are sitting on their 200 WMA with the daily Yield @ its 50 DMA; waiting to discern new direction. Copper and the miners are up. Gold is enticing, however I’m not interested in chasing strength. Will look … Continue reading

A.M. Look 4/15/21

30 Yr. Bond Futures are trading @ its 200 WMA & 50 MMA @ 157.10 ish. This is a an important weekly closing level for the next move. Copper/Yuan and Commodities against the Yuan are in rally mode. SCCO & … Continue reading

Daily Market Intelligence 11/3/20

Daily Market Intelligence 11-3-20