Tag Archives: Silver

A.M. Look 2/13/13

Oil…buy stops are 98.25. With inventories today you could see these elected. Look for this to move in 80 cent increments. 30 yr….are at the lower end of the recent trading range with the daily ranges close to a point. … Continue reading

Silver Puts…Trade Alert!

We’ve stayed too long at the fair! Let’s not turn a winner into nothing. They look to be trading around 23. Sell 80% of the remaining position at your discretion. We’re not going to fight the 200 day again, nor … Continue reading

A.M. Look 2/12/13

USD/JPY…point & Figure shows a double top ( Bottom in Futures) @ 94.40. Our downside tgt of 106.20 futures/ 94.16 USD/JPY has been reached. 105.32 Futures is the next level of interest. EUR/AUD…as long as this remains over 130.40 this … Continue reading

A.M. Look 2/11/13

EUR/AUD…needs a close over 130.60 for higher. AUD/USD…102.56 is last weeks low, with recovery over 103.11 ( 200 mvg avg needed for higher) 102-102.30 is a multi year pivot zone. GBP/USD…having failed near the 200 day mvg avg, closing under … Continue reading

A.M. Look 2/8/13

Spu’s…1512 bid gets it going. USD/JPY …92.19 (108.47 Futures)…91.30 (109.52 Futures) is the First big Fib back on the year. CAD/JPY…92.14 is support EUR/JPY…122.55 is first Fib support. Anything under 123 the first time down can bounce. GBP/JPY…144.95 is first … Continue reading

Gold & Silver

The macro levels have not changed https://www.whitewavetradingstrategies.com/a-m-look-2113/

A.M. Look 2/6/13

Euro…sustaining under 135.10 can lead to the 134.40 Fib. USD/JPY…hit our tgt last night. Ok it was 10 pips off, 94.16 (app 106.20 futures) We’ll start monitoring the crosses and the straight dollars to see if this can begin a … Continue reading

A.M. Look 2/5/13

EUR/GBP…85.50 support… 87.70 resistance Oil…95.90-9600 is closing support. 98.25 is the upside resistance and breakout. Yen…107.34 is the ORL #. Price action around this level will telling. precious metals…appear to be winding up for another move. We think it will … Continue reading

A.M. Look 2/1/13

Silver…32.50 is resistance and new action over this level is needed for higher. 30.60 + a few is support and the 200 day mvg avg. This has to go 31.10 sellers for a try lower. Gold…1700 is the upside barrier … Continue reading

A.M. Look 1/29/13

Silver…31.22 is the short term resistance. Gold…1667-70 is daily resistance 30 yr. Bonds…needs above 144.02 for higher. Spu’s…need to get under 1489.50-90.50 for more downside. Yen Futures…anything close to 111 will be difficult +- 10 points. The Yen crosses all … Continue reading