Both theĀ Gold & Silver have hit medium term support going into London’s close. The board is in retrace mode that we had expected to see Friday into Tuesday. Every instrument is doing it’s own thing retrace wise.. The key … Continue reading
Oil…by maintaining below 95.70 (H) we’re looking for 93. April oil becomes front month tomorrow and the #’s will line up differently. Copper…weekly support comes in between 365-366. 360 is the key monthly level with stops below. Silver…30.66 is mvg … Continue reading
USD/JPY…point & Figure shows a double top ( Bottom in Futures) @ 94.40. Our downside tgt of 106.20 futures/ 94.16 USD/JPY has been reached. 105.32 Futures is the next level of interest. EUR/AUD…as long as this remains over 130.40 this … Continue reading
30 yr. held initial support @ 143.09. daily & weekly maps show 144.09-11 will be resistance and a key closing area for higher. This will be an important driver of the SPU/Bond spread today. Gold…we’ve put in the very long … Continue reading
EUR/AUD…needs a close over 130.60 for higher. AUD/USD…102.56 is last weeks low, with recovery over 103.11 ( 200 mvg avg needed for higher) 102-102.30 is a multi year pivot zone. GBP/USD…having failed near the 200 day mvg avg, closing under … Continue reading
The macro levels have not changed https://www.whitewavetradingstrategies.com/a-m-look-2113/
This is a Risk Indicator which has been a big mover the first qtr of he past 2 years. We’ll go to the Tattoo parlor and have a reminder put on. Spu’s ..are 1/2 way back on the week. In … Continue reading