Tag Archives: Silver

A.M. Look 9/18/13

Posted on 09/18/2013

Commodities… Gold…1270’s can trap new shorts. Silver…below 21.40 20.85 is the next Fib zone. The long term point & figure chart shows the possibility of 20.40-60 today with a “Risk On” board late day. WTI…Crude (Oct)…104.40-60 should bounce the first … Continue reading →

A.M. Look 9/17/13

Posted on 09/17/2013

Stocks.. VIX…sustained price action over 14.55 will put pressure on the indices. FX… USD/JPY…98.75 will be pivotal going forward (101.25 Dec. Futures) GBP/USD…needs to maintain above 159.60 for more upside. AUD/USD…92.75-85 is support. 94.20 is resistance. Commodities… Gold, Silver & … Continue reading →

A.M. Look 9/16/13

Posted on 09/16/2013

Stocks.. Spu’s…1704-05 will be pivotal early.  Below, the Spu’s could try to trade back to 1690. Bonds 30 yr. (Sept)…133.15 is resistance and the closing upside pivot. FX… USD/JPY…98.27 is Dollar support/ Yen resistance ( 101.76 Sept. Futures) GBP/USD…157.20-50 is … Continue reading →

A.M. Look 9/12/13

Posted on 09/12/2013

Stocks.. EWP…Spain…33.07 is potential double top level on a monthly chart, however once maintaining and closing over this area, look for an initial test of 34.65 with much higher long term tgt’s. 31.75 is the buy level In Spain on … Continue reading →

A.M. Look 9/9/13

Posted on 09/09/2013

Stocks..  Spu’s…the buy stops are over 1664 and the sell stops below 1630. Bonds…  No change FX…  No change Commodities… Oil…I wouldn’t try to pick a high until later in the week. Still looking to sell 116.50’s the first time … Continue reading →

A.M. Look 9/6/13

Posted on 09/06/2013

Today comes down to one thing, which is the unemployment # @ 7:30 CDT. The day will be a price action trade based off the data. Follow the Bonds for they will lead the Currencies. If the Bonds go bid … Continue reading →

A.M. Look 9/3/13

Posted on 09/03/2013

Stocks.. Spu’s…needs over 1654 resistance to confirm higher. DAX…8270 is resistance and the upside pivot. Euro Stoxx 50…2790 is resistance and the upside pivot. Nikkei…14.170 is resistance and the closing upside pivot. Bonds… 30 yr…is caught between 132.15 & 131.22. … Continue reading →

A.M. Look 8/30/13

Posted on 08/30/2013

Stocks.. Nasd 100…3083 was last months close. It all comes down to the end of day, will it close higher or lower on the month? Bonds… 30 yr….132.15 has to hold on a break for higher. FX… Euro…needs a close … Continue reading →

A.M. Look 8/29/13

Posted on 08/29/2013

Stocks.. Spu’s…are caught between 1627 and 1638. Nasd 100…needs to sustain over 3085 for higher. Bonds… No change FX… Euro…is into short term support at 132.40-20. EUR/AUD…a close under 148.22 is needed for help with more Euro weakness Commodities… Gold…so … Continue reading →

A.M. Look 8/28/13

Posted on 08/28/2013

Stocks.. GS…149.28-148.71 are where the macro sell stops lie with 147 being the 200 day which should bounce on an overrun the first time down. GOOG…847-844 is weekly and monthly support and the macro downside closing pivot. Look for a … Continue reading →