Daily Market Intelligence 11-13-17
Daily Market Intelligence 11-7-17
EUR/GBP is correcting of its 50 DMA. I did nothing last night in the Euro. 30 Yr. Bond on a Daily Continuation is approaching its 50 DMA @ 154.08. This level will act as resistance until sustained above. I’m still … Continue reading
Daily Market Intelligence 10-27-17
Precious metals are coming into matching resistance zones. Both Gold & Silver need to work through the levels. BHP & FCX are catching up with the Copper rally after lagging late last week. NFLX earnings are after the close today. … Continue reading
The Mining ETF’s GDX & GDXJ showed signs of bottoming before Friday’s payroll low in the precious metals. They are showing signs of fatigue with ORL days working. SA,NEM,SBGL,AUY,AEM,HL & PAAS all show the same pattern. Early this A.M. I … Continue reading
Time to do the tighten up. Take your money in this trade. You can leave a trailer on to see if there is more upside.
Silver has ORH pattern follow through. Gold has lost ground to Silver with a potential ORL pattern. Silver…17.03-09 is closing resistance. Gold resistance comes in closer to 1293 today. Bulls want to see this sustain above 1281.80 close to maintain … Continue reading
Daily Market Intelligence 10-9-17
Euro has been bought on all the crosses, hence the failure to elect the stops i was targeting. This would need to sustain over 117.50 to give up the Short side in the near term.30 yr. Bonds are oversold coming … Continue reading