Tag Archives: Silver

A.M. Look 7/25/13

Stocks.. Spu’s…put in an ORL and has followed through this A.M. 1671.75 is point & figure support. A Friday close under 1665.75 would have me believe this could turn into a good correction. SDS…37.80-90 is the first resistance level. Closing … Continue reading

A.M.Look 7/22/13

Stocks.. GDX…a close above 26.40 should lead to a test of 29.15 and ultimately 32 on this current swing. Bonds… 30 yr…as long as 135 holds on breaks look for the Bonds to move up in one point increments. Above … Continue reading

A.M. Look 7/15/13 W/ Trade Updates

Stocks.. QQQ…76.05 is a level that can reject the first time up. The longer term upside tgt is 82 as long as 72 holds on breaks. Bonds… 30 yr….135.00 remains resistance and the upside pivot. FX… Euro…needs a close under … Continue reading

A.M. Look 7/9/13

Stocks.. GLD…122.88-123.33 is resistance. Closing above this level will lead to a test of 125. AGQ…a close above 17 is needed for a try at 19. GDX…technicians will be looking for an upside breakout above 23.70 to hold and go … Continue reading

A.M. Look 7/8/13

Stocks.. Spu’s…by maintaining higher on the week we’re looking for this to move in 30 point increments with 1657 the next tgt level. 1636-42 is short term resistance and not an area to buy strength into the first time up. … Continue reading

A.M. Look 7/5/13

Stocks.. Spu’s…a close over 1627 ish would generate higher tgt’s GOOG…maintaining above 879 should be considered price positive. YCS…as long as this ETF closes above 63.80 the uptrend is intact. 66.27 is closing resistance. Bonds… 30 yr. Bonds…by maintaining above … Continue reading

Midday Missive

GLD ETF…expect price rejection anywhere close to 122.88 the first time up.( App 1275 August “Q” Gold. Do not try to buy strength into this level. This instruments is buy on dips, not on strength. A close over 123.91 would … Continue reading

A.M. look 7/1/13

Stocks.. Spu’s…are stuck. A new signal will be generated if we close over 1615 or under 1590. GDX… 25.17-44  is first daily resistance. GDXJ…38.48 is resistance followed by 40. No you’re not seeing things! This closed at 9.16 on Friday. … Continue reading

A.M. Look 6/26/13

Stocks.. Lots of markets are oversold and are experiencing mid week bounces. Brazil ( EWZ) being one of many. Spu’s…1592.25 was April’s close. This will become a pivotal war zone over the next 2 days. Bonds… No change FX… Euro…129.90-130 … Continue reading

Precious Metals

So far there is not much of a bounce. 1265 Gold is still a descent place to look for a bounce, however we are going to wait to buy and hold for a longer time frame trade. The simple reasoning … Continue reading