Tag Archives: Silver

Gold…Silver…Pattern Alert

Posted on 03/09/2012

1715 is the first 30% Fib retrace from the 1793 Leap Year high. A close today over 1705 puts in an ORH day, defining a trad able low. The Silver ORH # is 34.19 for the all session (K) May contract. … Continue reading →

Gold & Silver….Spu’s

Posted on 03/06/2012

The Lemmings are in full flight! The stops under the 200 day in the Gold have just been run. The low 1660’s are next followed by 1645 ish Silver 32.85 ish is the 50 day. The Ultimate out for shorts … Continue reading →

SDS…Stop…Metals Position Update..

Posted on 02/29/2012

We’ll use a 15.80 stop in the SDS. We will add to this position with a close today over 16.20 We are currently Flat the metals and the miners.    

Euro…EFA…Metals

Posted on 02/29/2012

We’ve got some interesting mid week extremes happening… Double top in the EURO on a Point & Figure shows any shorts can be managed against today’s high. Sell any rallies in the Euro!!!! EFA..should be monitored for cracks in the … Continue reading →

A.M. Look 2/28/12

Posted on 02/28/2012

Grains…are all following through to the upside, confirming the break out patterns from yesterday. We have chosen to play this via Long JJG ETF. Wheat and Corn look particularly good. Spu’s…and stocks in general should be firm into tomorrow’s LTRO … Continue reading →

A.M. Look 2/24/12

Posted on 02/24/2012

The Yen Crosses are running the “Risk On” show. The Yen Crosses are important “Risk On” Barometers! At resistance levels in the crosses, the equities stall out. At support levels in the crosses, the short sellers get trapped causing rallies. … Continue reading →

Metals

Posted on 02/21/2012

The industrial metals are leading…Platinum & Silver. Platinum is currently trading above it’s daily key mvg Avg’s while hitting the weekly #’s right here. 1700 Platinum is the 2/3rds coming back up on the 2 year swing. It needs all … Continue reading →

A.M. Look 2/3/12

Posted on 02/03/2012

It’s another un enjoyment Friday. This day has been a non event for a long time with the exception of the metals. The first Friday has typically shown a significant high or low for the next few weeks in Gold … Continue reading →

A Few Possible ORL…Patterns

Posted on 01/31/2012

It’s gonna be an interesting end of day game. OIL (CLH12)…98.43 3M….86.42 DE….86.34 XLI…36 Silver..33.03 Platinum…1601 GS…Hit tgt of 112.50 The stock rotation has been prolific again today…let’s see who wins  

A.M. Look 1/23/12

Posted on 01/23/2012

The moves over the past couple of trading days have been run off SPU/BONDS and DAX/BUND. The sell off in the Bond markets have been keeping the equities buoyant. Watch the price action in the Bond markets for clues to … Continue reading →