Month end with thin holiday markets. The dollar has a bid tone. I’d look for the Bonds to see the safety flow going into a long weekend. Spu’s need a 2893.50 print for a reversal on the medium-term P&F. I … Continue reading
Bank of England raised rates. Dollar is stronger across the board. Euro has a pattern which could follow through to the downside Nasd 100 is putting in a flag on the long-term P&F. Indices are into bounce zones. HON…I’ll be … Continue reading
The rest of the day will be a tail of capital flows. Spu’s…2438-40 is the bigger resistance level that needs to be closed over for the down trend to abate. This level is where the P&F charts show resistance. So … Continue reading
Dollar trade…Euro…107.75 close is the weekly ORH #. This is an end of day #. It will be pivotal all day so don’t over-trade the level! The best risk indicator has been the Mexican Peso which comes into weekly resistance … Continue reading
Spu’s Nasd 100 Nikkei Midcap GOOGL AMZN Crude USO Nikkei Recap: we held a mid week low, with trend turning up into mid week next. We had a B.S. break into Mid Day to get long the Equity Indices against … Continue reading
Protective Buy Stop. This is a Closing Trade. BUY JYAH @ 84.52 Stop GTC The Dollar is losing it’s upside momentum against a lot of Currencies. The Mexican peso is a good example. The Peso chart pattern is indicative of … Continue reading
Silver (H) …35.15 is the level we held Friday for this past leg of the rally up. Today the bears would love to see 35.40 ish reject and start lower again during the day session. Dollar Bulls…We’re short the Euro and … Continue reading