Tag Archives: Gold

A.M. Look 2/27/14 W/Oil Trade Alert!

Posted on 02/27/2014

Stocks… DECK…put in an ORL day. 81.85 looks to be the go or no go level. Good above/negative below. TSLA…shows weekly wave counts around 275. AMZN… near support is 355. Resistance starts around 372. 375.50-387 is no mans land for … Continue reading →

A.M. Look 2/26/14

Posted on 02/26/2014

Stocks… VIX…sell stops are below 13.44.   Bonds.. 30 yr. Bonds…need another close above 133.20 ( today’s 200 day mvg avg) to get people buying treasuries. New Home sales @ 9:00 A.M. CDT should be watched for direction. FX… Commodities… … Continue reading →

A.M. Look 2/19/14

Posted on 02/19/2014

Stocks… Nasd 100…3633 is closing support.   Bonds.. 30 yr. Bonds…put in an ORH day with a close over 133.04. This level will remain pivotal going forward. Good above/ negative below. 133.29 is the 200 mvg avg. 2 closes above … Continue reading →

A.M. Look 2/18/14

Posted on 02/18/2014

Stocks… Nasd 100…3633 is closing support. EWA…The Aussie shares have been on a tear. 25.18-36 is the closing resistance level. EWA could retest support @ 24.25 the lowest risk buy zone. Maintaining closes over 24.62 (the Monthly ORH#) is key … Continue reading →

Precious metals

Posted on 02/14/2014

Gold… 1345 is weekly resistance Silver…22 is weekly resistance AGQ…77.40 is fib and mvg avg resistance. 83 is substantial resistance. GDXJ…42.78 is the weekly break out #. 46.40 is resistance. The metals are not something I wish to chase on … Continue reading →

A.M. Look 2/14/14

Posted on 02/14/2014

Stocks… Nasd 100…3633 is closing support. JPM & COF put in ORH days. The financials are starting to catch a bid. XLF… came close to an ORH day and the chart pattern looks positive. Bonds.. 30 yr. Bonds… are currently … Continue reading →

A.M. Look 2/11/14

Posted on 02/11/2014

Stocks… Nasd 100…3584 is the upside pivot for more strength. A monthly close over 3630 leaves way for a test of 3754. THRX…Theravance Inc put in a bullish ORH pattern Friday and has followed through with a close over it’s … Continue reading →

A.M. Look 2/7/14

Posted on 02/07/2014

Stocks… Nasd 100…3500 +- a couple is the closing qtrly pivot. EWP…38.67 is the the weekly ORH# for Spain. I need to see a close over 39 to think there is any upside. Bonds… 30 yr. Bonds…132.01 is the weekly … Continue reading →

Gold

Posted on 02/05/2014

We have a potential double top in the Gold @ today’s high on the long term point & figure. Gold can be used as a surrogate to the Spu’s for short term trading. Risk On=Short Gold Risk Off=Long Gold

Gold

Posted on 01/30/2014

The Long term Point & Figure in the Gold is rolling over with a defined high @ 1275. The selling is reflective of the Risk On rally in the world Equity Indices over the past few hours. Metals traders should … Continue reading →