Tag Archives: Copper
A.M. Look 4/30/21
Spoo will take sustained price action under the low 70’s to do any downside damage . Currently trading slightly higher for the past two weeks. Spoo/Bond is closing in on a convergence of averages and the bottom of the channel. I’ll be … Continue reading
Daily Market Intelligence 4/29/21
Daily Market Intelligence 4:29:21
Daily Market Intelligence 4/28/21
Daily Market Intelligence 4:28:21
A.M. Look 4/26/21
Copper is trading close to its all time high yearly close. Per room discussion last week, a couple of closes up here will elect a 40% rally. Shanghai sold off last night , however it looks to be a one … Continue reading
A.M. Look 4/23/21
Bitcoin just did a Matrix swing overnight and, has so far, honored weekly oscillator support. Etherium held the daily channel Copper…wants to challenge 2011 levels. I have a specific setup that will elect a target for a 40% swing higher. Those … Continue reading
Daily Market Intelligence 4/22/21
Daily Market Intelligence 4:22:21
A.M. Look 4/20/21
Profit taking started just before London. Spoo/Bond made a higher high last night failing just shy of its .618 target. This is the only chart I’m watching for follow through. Spoo’s finally put in that pesky 50X3 reversal last night … Continue reading
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
Daily Market Intelligence 4/16/21
Daily Market Intelligence 4:16:21
Daily Market Intelligence 4/15/21
Daily Market Intelligence 4:15:21