1448 is the 18 day moving average with Fib resistance @ 1457
Euro…124.29 Gold…1572.60 Silver…28.09 Platinum…1419.50 Swiss Franc Futures…103.38…96.65 USD/CHF AUD/USD… 97.72
The past 2 unemployment reports have marked a high in the Stock Indices and a low in the Bond Futures. Unemployment Fridays always become big inflection points for the Gold & Silver, generally marking significant highs and lows on increased … Continue reading
USD/BRL… 20270 is the next Dollar resistance level…next are the bigger Fibs @ 20700. NZD/USD…76.20-40 is a pivotal level. Once convincingly through, this should go to 74 for a start. Both of the above are Risk currencies. More Risk Off … Continue reading
Nasd 100 Futures..In the 3/2/12 A.M. Look we said, “We wouldn’t be surprised to see a 2800 Nasd”. In fact, they look to be on a mission to print 2839, a move 10 years in the making. This is a … Continue reading
This is an accident waiting to happen. The Platinum will need closes over 1711 to drag this dog up. The first Thursday of this month I bought Gold here as well and got right out. Sometimes we just never learn … Continue reading
Copper…38050 is the 200 day, a close below should be deemed negative price action given the double top in the Spu’s. SMH..a close below 33.98 in this ETF puts in an ORL day which is price negative the board. OIL..hit it’s … Continue reading