Tag Archives: Gold
A.M. Look 8/8/12
Spu…1402 is the macro closing upside pivot. Nasd 100…2715 ish is the macro closing pivot. 30 yr. Bonds…148.12 is the closing downside pivot. SPU/BONDS…94.40-50 is near term resistance AUD/USD…105.72 is the macro closing upside pivot. AUD/JPY….83.25 is resistance…82.50 ish is … Continue reading
A.M. Look 7/27/12
30 yr. Bonds…151.06 is the 18 day Mvg avg and near term support. Euro…123.40 will continue to be a pivotal level. Gold…we are long. The bigger break out is still a little higher on the long term point & figure…a … Continue reading
Gold…Trade Alert!
The away trade… We want to Buy Gold on a 1610 stop close! For those of you that wish to lead off, I suggest the September 1610/1640 call spread. As of now you’ll pay $9.80 for the privilege of a 1 … Continue reading
A.M. Look 7/23/12
Spu’s…1342 30 Yr. Bonds…153.00+- a few Euro…120.70 EUR/AUD…117.93 is the ORH # EUR/JPY….got within 20 points of it’s projected tgt. Wheat…9.166 is the ORL # General Comments… The #’s above tell one story, it’s the match game. The Bonds are … Continue reading
A.M. Look 7/19/12
Spu’s…1375..1381.50 is the horizontal resistance. We presently need price action back under 1363 for this to be an interim high. Price action under 1370 is needed for any signs of this directional flow abating. Midcap…closing over 96000 will lead to … Continue reading
A.M. Look 7/18/12
Welcome to the Mid-Week Shuffle… Copper…347 will be a pivotal level for tone on the Risk paradigm General Comments… Euro continues to be the easier short on rallies for the Risk Off crowd. Markets in general are winding up for … Continue reading
A.M. Look 7/13/12
Oil…is trading @ the 50 day around 87. Sustaining above can lead to a test of 90. Weekly buy stops are around 89. Spu’s…I need to see a close over the low 1340’s moderately to be positive and a close … Continue reading