Tag Archives: Silver

A.M. Look 12/12/14

Stocks… Spu’s…2022.50 in the Mini’s and 2012 in the Pit contract will be pivotal into Month end. They are this qtr’s ORH #s. March (H) is becoming front month on Monday, with March currently trading @ a 6.75 discount to … Continue reading

A.M. Look 12/11/14

Stocks… Spu’s…2022.50 in the Mini’s and 2012 in the Pit contract will be pivotal into Month end. They are this qtr’s ORH #s. Yesterday’s low was either the low for the rest of the week, and most likely the year, … Continue reading

Metals

Gold …1240 the level that won’t go away (The last qtrly ORL#), followed by 1265-70. ​SILVER​…17.40-80 is resistance and the exit for Longs. Time frame trading the rest of the day. Expect the Dollar rout to abate after London’s close.

Midday Missive

SPU’s…need to hang in around 2037 or you can see the low 2020’s. There is no hope for the Oil complex for another week. SILVER…there is hope as long as it holds 16.60 on any break. The entire dollar trade … Continue reading

Midday Missive

SPU’s…need to hang in around 2037 or you can see the low 2020’s. There is no hope for the Oil complex for another week SILVER…there is hope as long as it holds 16.60 on any break. The entire dollar trade … Continue reading

A.M. Look 12/9/14

Stocks… Spu’s…need to close back over 2064 resistance to entice me back in. IWM…needs back over 116.80 close to negate yesterday’s ORL pattern. 114.25 is support @ the 200 DMA. Ford…closing today below 15.40, 50 DMA, will have me exit … Continue reading

A.M. Look 12/5/14

Stocks… Spu’s…2060.75 is the must hold level. 2060.75 is the level to key off of. This is the weekly ORL#. This will act as support and the closing downside pivot with resting sell stops below. Price action below here will … Continue reading

A.M. Look 12/4/14

Stocks… Spu’s…the initial swing count is still 2120 which was generated from the 1813 Oct. Low   DAX…10,000-10,050 is the resistance zone and the closing upside pivot. ASX 200…5380 is resistance and the upside closing momentum level, with 5418 being … Continue reading

A.M. Look 12/3/14

Stocks… DAX…10,000-10,050 is the resistance zone and the closing upside pivot. Bonds … 30 Yr. Futures…the world is trading (H) March Bonds, however I’m in Dec Bonds which need to hold around 141.31 to avoid a further slide. FX… Euro…122.30 … Continue reading

A.M. Look 12/2/14

Stocks… Spu’s…could go as low as 2046 and hold up. Sustained price action below 2046 would open the way for the Spu to move in 20 point increments to the downside. DAX…10,000-10,050 is the resistance zone and the closing upside … Continue reading