Tag Archives: Silver
Silver
The weekly Silver level is 29.35. Maintaining and closing over this level would leave room for another dollar of upside.
A.M. Look 3/12/13
Euro…130.60-70 acted as the downside pivot and first support on Friday. It will now act as the near term resistance. USD/JPY…95.60 needs to be given to see further Yen strength ( App 104.60 H Futures) EUR/JPY…put in a new high … Continue reading
Equities & Metals
The lows are good in the Indices. All new price action is needed below today’s lows for any Risk Off. BRKA…would need sustained action under 154,683 for lower. GS…151.95 Goog…821.50 is near term support. This level needs to hold on … Continue reading
A.M. Look 3/8/13
Welcome to unenjoyment…and for your added pleasure USDA Crop Report @ 11:00 CDT. Where’s Beeks when you really need him! AUD/JPY…97.76 is last months high( maintaining above is price positive). This will trade up or down with the Spu’s. EUR/JPY…maintaining … Continue reading
A.M. Look 3/7/13
Euro Stoxx…2700-2719 is short term resistance and the upside pivot. Spu/Bonds…the daily shows possible price rejection right here, however any sustained action above this level leads to the red line on the chart, which means the equity indices have a … Continue reading
Things to Watch
Yesterday we sent out the GDX chart. We showed the low risk buy level. A close today over 36.65 will put in a trad able low. Both Gold & Silver have held. Buy stops in the Gold are over 1587. … Continue reading
A.M. Look 3/5/13
Spu/Bond…is trading once gain at a key mvg avg that broke the Spu’s 40 points the last time it failed at the avg..It’s not an inconsequential level. One again it will act as a big mkt pivot. 30 yr. Bonds…point … Continue reading
A.M. Look 3/1/13
Spu’s…keep it simple..yesterday’s high in the Spu/Bonds was just shy of the 18 day mvg avg..This is running the show! 1506 is pivotal…sustained price action above yesterdays close is needed to try higher. 30. yr.…the numbers haven’t changed. Euro.. short … Continue reading