Tag Archives: Silver

Daily Market Intelligence 10/16/17

Daily Market Intelligence 10-16-17

Daily Market Intelligence 10/12/17

Daily Market Intelligence 10-12-17

The Late Show

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

Metals

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.

Daily Market Intelligence 10/10/17

Daily Market Intelligence 10-10-17

A.M. Look 10/9/17

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

Daily Market Intelligence 10-9-17

Pattern Alerts

ORH Patterns…pretty much what you’d expect with a Risk off board. ​UVXY,VXX,GDX​,SLV,PPLT,AGQ,GLD,GOLD,SILVER   Silver is coming into its 200 DMA. GOLD is not a chase at this level. The meals should respond again after the U.S. pit session closes @ … Continue reading

Midday Missive

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

A.M. Look 2/16/17

I’m looking for a two way trade. Markets were risk off last night. If this persists after NYSE starts trading I’d expect it to continue through London’s close. The Late show in the U.S. could be the opposite of the … Continue reading