Tag Archives: Gold
Nasd 100…Spu’s…Gold Pattern Alert!
Closing below 2711 Nasd 100 puts in an ORL day. The Spu level is 1444. This pattern if completed would be negative the Equities. The higher yields..lower Bond futures is creating the flight to the Dollar and the selling of the precious … Continue reading
A.M. Look 12/31/12
Spu’s…1360-71 is the level down to watch for bounces below the 200 day (app 1386.50 Pit) Nasd…2559.50-2539 is the level to look for bounces. These levels as well as the Spu #’s are better exit zones the first time down … Continue reading
A.M. Look 12/21/12
Title…It happened one night or Boner gets Boned!!! It’s the Rocky & Bullwinkle show. That was the type of price action in the E-Mini’s have not seen since the Flash crash, although this one was only a mini…50 handles, they … Continue reading
A.M. Look 12/19/12…W/ Oil Trade Alert!
Euro…as long as the Euro stays over 131.30 close it will stay firm with a tgt around 135. Yen…as long as the Yen futures do not close above 119.80 it has a destiny with lower prices. Oil…we’ll look to add … Continue reading
A.M. Look 12/18/12
30 yr.Bonds…expire today. 146.05 was the Oct. low and close to our last short exit. closing under that level will keep the Bonds under pressure until year end. We’ll monitor the price action for a possible short in the 30 … Continue reading
A.M. Look 12/14/12
Currencies…we’re not touching anything until Monday, mid morning. Euro/Gold & Suisse/Gold…are hanging around the 200 day again. This will make trading the Gold difficult, so we’ll just leave our stop alone. The worst thing that happens is we make some … Continue reading
IUSDINR_-_Indian_(Rupee)_Index_Daily.gif…..Gold!!!!!!
This chart shows a big reversal in the Indian Rupee Whether this is just a technical bounce off the 200 & 50 day or something else remains to be seen. Since India is a big Gold consumer, a weakening Rupee … Continue reading
Gold…Trade Alert!…Stop Update!
We reduced our cost avg by trading the second piece ,which we bought Friday, for a profit. The 1690.70 day session low was close to the lower end of the recent range 1693 is about where we originally stuck our … Continue reading
A.M. Look 12/13/12
Gold…needs to hold right in here where we originally purchased it. Platinum…needs to maintain above 1600. We looked at platinum because it’s a risk indicator. Nasd…needs a close over 2700 for higher. It’s presently wallowing around the big mvg avg’s … Continue reading
Gold…Trade Alert!
Given the Spu/Bonds went to the trend line and the Yen went to the initial exit zone…+ the Gold stopped dead on resistance @ 1725, my worry is a Risk Off board, going into the latter part of the week … Continue reading