Gold…50X3 P&F…is trading near the top of value on the P&F charts. There is a gap @ 1276.90 on the daily continuation. Gold..100X3 P&F Gold/Yen is trading at its 200 DMA. Gold/Yuan is through its 200 DMA Gold/GBP is trading … Continue reading
Daily Market Intelligence 5-25-17
Daily Market Intelligence 5-24-17
Daily Market Intelligence 5-23-17
Spu’s…long-term P&F has roughly filled out another reversal. Near-term resistance is @ 2365 ish roughly 20 points off the current low. The lowest risk sell level ( get short Spu’s with a 6-7 handle closing stop) is 2376-79. I would … Continue reading
Daily Market Intelligence 5-18-17
Daily Market Intelligence 5-17-17
Daily Market Intelligence 5-11-17
Gold..today’s ORH # is 1236. Euro…needs sustained and closing price action below 109.48 ( today’s ORL#) for lower. Euro Currency Futures..EU6M7 currently trade @ 20-22 ticks over Cash. I write cash levels. Both the Euro & Swiss have retested the … Continue reading
Gold and Silver are oversold. So is GOLD/EURO. The above have been breaking with a risk off board today. Keep it tight if you’re trading the metals. EUR/AUD…147.17 is cloud and 200WMA resistance. TSLA… look for a bounce … Continue reading