Tag Archives: Gold/Euro
A.M. Look 12/7/17
Gold broke below its 200 DMA and is into its August unemployment low @ 1256. Looking at Gold/Euro & Gold/Yen, which are both trading just above their respective 200 DMA’s, makes this an exit zone for shorts and a place … Continue reading
Daily Market Intelligence 10/24/17
Daily Market Intelligence 10-24-17
The Late Show
The shorts are going to take a run at the market. I’m focused on the Russell for confirmation of lower into mid-week. Long Gold/Short Euro..Suisse and Yen are all putting in ORH patterns. These patterns would match up with Risk … Continue reading
Daily Market Intelligence 9/7/17
Daily Market Intelligence 9-7-17
A.M. Look 9/5/17
Spu’s…2459.75 is support. This is a Pit session level that has held the initial selloff. I would not rule out another trip to this level during a U.S. session this week. Gold/Euro…Gold has been holding up against the Euro … Continue reading
Daily Market Intelligence 8/28/17
Daily Market Intelligence 8-29-17
A.M. Look 8/17/17
Euro/Gold has pattern follow through with Long Gold leading the spread. Bitcoin is breaking out to new all time highs. China names are positive after BABA earnings. U.S. equity Indices are having a typical mid-week shuffle. It would take sustained … Continue reading
Daily Market Intelligence 8/17/17
Daily Market Intelligence 8-17-17
A.M. Look 6/6/17
The board is decidedly Risk Off. 30 yr. Bonds are bid over its 200 DMA @ 156.05 (June) with Gold and Yen strength in lock step. Gold…100X3 P&F Gold/EURUSD…broke out over its 200 DMA. See how New York … Continue reading
Daily Market Intelligence 5/2/17
Daily Market Intelligence 5-2-17