Tag Archives: Gold

A.M. Look 4/4/13

Spu’s.. call me a reluctant Bear, we have to go 1544 sellers to break. 30 yr Bond…P&F resistance started at 145.22 yesterday which gave us initial price rejection, however we’re only concerned with the bigger macro areas which we laid … Continue reading

Precious Metals

Silver…the first downside tgt is 27.05 +- a couple. This is a cover your shorts zone the first time down. Gold…the next set of minor sell stops are under 1574.50. The macro stops are under 1555.

A.M. Look 4/2/13

SPU/BOND…spread is dead on the 18 day mvg avg. 30 yr. Bonds…144.07-09 is near term support. A close below 143.20 is needed to get something going on the downside. A close over 145.07-10 is needed for higher. Bunds…need a close … Continue reading

A.M. Look 3/19/13

Spu’s…these need to go 1554 bid and close over 1563 for higher. Sustaining under 1543 can see a break to test the lows of Sunday night (1529-31). Oil…94.00 +- 10 cents is current resistance and the short term upside pivot … Continue reading

A.M. Look 3/18/13

Spu’s…1529.00-31 is support. Recovery over 1547.25 is needed for higher. Spu/Bonds…hit it’s support last night as well. EURO and it’s crosses have all hit big technical support @ last night’s lows.This includes EUR/JPY,AUD/JPY,EUR/GBP,EUR/AUD. USD/JPY…held a big retrace level last night … Continue reading

Gold…Closing Trade Alert!

From today’s A.M. Look. We’ll be closing these out before the rest of the premium erodes later in the A.M. We’re closing out (Selling) the Long April 1600 calls. In general it has held Friday’s unemployment open of 1575. As … Continue reading

A.M. Look 3/14/13

AUD/USD…is the feature today. Closing resistance is 103.85-104. AUD/JPY…has reached parity @ 100. This needs to back and fill from this level. the bigger macro resistance level is 101.80-90. EUR/AUD…the mid 124’s will be tough to trade. This looks like … Continue reading

A.M. Look 3/13/13

AUD/JPY…shows a double top on the P&F @ 99.50. 98 +– a few seems to be the next descent level of interest. FBTPM…Italian 10 yr…shows initialĀ  support @ 108.40. 30 yr. small buy stops are 143.16. The lowest risk sell … Continue reading

A.M. Look 3/12/13

Euro…130.60-70 acted as the downside pivot and first support on Friday. It will now act as the near term resistance. USD/JPY…95.60 needs to be given to see further Yen strength ( App 104.60 H Futures) EUR/JPY…put in a new high … Continue reading

A.M. Look 3/11/13

GBP/USD…qtrly sell stops are 148.70. It’s getting very oversold. OIL..the upper parameters have not changed. 91.79-92.10 is your qtrly swing #. Spu’s…need to sustain under 1545 for any lower retrace. General Comments… Time Frame Trading…Most instruments are stuck dead in … Continue reading