Tag Archives: Gold

A.M. Look 10/20/20

Buckle up for today’s drama. Stimulus, Will they or won’t they? Spoo’s have given me what I was looking for. Spoo/Bond retested its breakdown level from yesterday. Russell…point of control is 1626.80. NFLX after the close. Looking at the weekly, … Continue reading

A.M. Look 10/9/20

China came back and so did the Yuan against its other pairs. All about China creating a tradable Bond market. We’ll discuss this and other things in the room today. EUR/CHN is of interest into its averages because the Euro … Continue reading

Daily Market Intelligence 10/7/20

Daily Market Intelligence 10-7-20

A.M. Look 10/5/20

Small and Midcaps have follow through strength. Spoo’s hit the top of value on the 50X3 Point & Figure. Gold…will need to maintain above 1890 to avoid rolling over on the 100X3 Keep an eye on the Mexican Peso through … Continue reading

A.M. Look 9/29/20

In the news; deflation talk out of Europe. Metals rallied on the deflation theme along with the potential of Congress acting on stimulus. The correlation continues with Currencies and Metals trading with U.S, Indices. CHF/JPY…bottomed @ its 200 DMA with … Continue reading

A.M. Look 9/23/20

Spoo…3320’s is near term resistance to work through. Daily Continuation shows the rollover gap @ 3326.25 – 3341.75. I’m looking for the Spoo’s to fill the gap and over run it to the upside by 10-15 points. Spoo denominated in … Continue reading

A.M. Look 9/18/20

Matrix classes for the 3rd qtr. start up Tuesday @ 2 CDT at which time the room will close early. It’s not too late to get the full set of recordings and join in the live sessions. It’s the end of … Continue reading

A.M. Look 9/15/20

Good China data fueled overnight trade. Gold filled out it’s 100X3 to the top of value. Gold following through against the 30 Yr. Bonds, Euro & Yuan. Nasd 100…11,528 is the weekly point of control basis Sept. The level should … Continue reading

Daily Market Intelligence 9/15/20

Daily Market Intelligence 9-15-20

A.M. Look 9/8/20

European Debt Expirations Day of the 50 DMA’s Gold, Suisse, EUR/CAD, USD/JPY, GOOGL, NFLX, SMH to name a few. If an instrument hasn’t already retested its 50 DMA, many want to. USD/CNY..trading @ 200 WMA VIX…holding above its 200 DMA … Continue reading