Tag Archives: Gold

A.M. Look 5/5/22

Spoo will need a 4225 print for a reversal on the 100X3 Euro..105.50 cash print for a reversal. Pound did not like the BOE rate decision. Gold…anything shy of 1910 is too high on this initial rally. Kudos to Andrew … Continue reading

A.M. Look 5/2/22

Nasd/Bond is weak. key off the matrix in Nasd. Gold & Oil saw the biggest bout of profit taking last night. Pay attention to your Index Pit gaps to the downside in the Indices after the opening.

A.M. Look 4/29/22

Month end. Amazon elected the sell stops of the past two years. Support starts around 2500. Apple is trading around its 200 DMA. Spoo will need a 4225 print to rollover again. Nasd..13,500 is now closing resistance. Yra asked the … Continue reading

A.M. Look 4/27/22

  Looking for a mid-week shuffle high. I had a long conversation about the Dollar with Andrew late day. Our targets are much higher. Spoo…4220 ish seems to be the initial top of value. 4225 is the reversal # on … Continue reading

Daily Market Intelligence 4/27/22

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A.M. Look 4/22/22

Spoo shows a double bottom on the 100X3 4400 print is needed for a reversal on the 50X3 to confirm last nights low.Gold has to hold the overnight low.Gold/Nasd ran into cloud resistance and is now consolidating. The bigger game … Continue reading

Daily Market Intelligence 4/22/22

That was one helluva Gann day. Can anyone say mid-week shuffle high. I went through 21 stock screeners with myriads of Equities across all asset classes. I don’t recall day when there was so much price destruction in everything. Spoo/Bond … Continue reading

A.M. look 4/21/22

Spoo is flirting with 200 DMA @ 4490.71 UN..Sprotts uranium Trust needs to show closing strength today for upside follow through. Silver is @ cloud support. It’s all about TSLA. It’s all about Yen/Yuan as interest rates converge and China … Continue reading

A.M. Look 4/18/22

Precious metals against everything. Pay attention to the Pit gaps in the Indices. 40 Year 30 Yr. trend line looks to be broken. It will take a weekly close under 138.00 to confirm. Spoo have been going on the Nasd … Continue reading

Daily Market Intelligence 4/18/22

Indices are weak. Nasd can’t overcome the Bond yields. Semiconductors act terrible. Agra,Fertilizer, and Utilities remain a haven bid. Dollar index showed ORH at the top of a move which has me monitoring the Euro, which closed right on its … Continue reading