Tag Archives: Gold

Daily Market Intelligence 6/4/21

Daily Market Intelligence 6:4:21

A.M. Look 6/1/21

I awoke to editorial rubbish from Bloomberg opinion writer John Authers. Spoo/Bond doesn’t work! Maybe I should send him my Adam Johnson interview? I guess I can safely take him off my reading list. 30 yr. Yield will take above … Continue reading

Daily Market Intelligence 5/28/21

Cliff notes again tonight. Month end tomorrow! Nothing matters but the closes. Yen crosses were in play driven by Olympic cancellation news. Russell gained against big cap tech and Spoo. Gold/Silver retreated to it’s 50 DMA Gold would require an … Continue reading

A.M. Look 5/26/21

Mid-Week Shuffle – Full Moon Trading May Metals expiration Gold is rolling to (Q) August. Volume in June still has the edge with August having more open interest. .618 for this past swing is in the high 1920’s, depending on … Continue reading

Daily Market Intelligence 5/26/21

Daily Market Intelligence 5:26:21

A.M. Look 5/24/21

Nothing stands out this A.M. Instruments seem rangebound in need of setting up for another move. Crypto is trying to find footing. BTC…31,732 200 DMA Gold…waiting and hoping for a chance to reload on a break into the 1840’s. Be … Continue reading

Daily Market Intelligence 5/24/21

Daily Market Intelligence 5:24:21

A.M. Look 5/21/21

Spoo/Bond daily cloud reinforces the notion that we’re in a consolidation phase the can last a month before something gives. Price action is going sideways, which looks like a time correction, waiting for the cloud. Gold is gaining on Copper. … 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 5/18/21

Spoo’s have a double top on the 50X3. They are in a range between yesterday’s low and last nights high. There is room on the 100X3 to print the high 80’s and back off again. Grains; Corn and Wheat want … Continue reading