Tag Archives: Silver

A.M. Look 8/17/20

Grains…act well. Watching for weekly follow through. Metals…Silver led last night, however its Copper that looks interesting over 2.90. Equities; GOLD has found love with the rest of the world hopping on Buffett’s bet. OSTK…97.50 is the retrace must hold … Continue reading

A.M. Look 8/13/20

Dollar weakness = Commodity strength Soybeans & Corn based yesterday and finished the strong with follow through. Silver…completed a 50% 5 day retrace. Metals are a buy the puke. I was asked about location yesterday. Low risk levels are not … Continue reading

Daily Market Intelligence 8/12/20

Daily Market Intelligence 8-12-20

A.M. Look 8/10/20

Metals…Copper is leading the bounce. Platinum must stay above 988 to remain firm Gold…must regain 2049 for a straight trade. GoldinEuros has a pattern similar to Platinum. Know how you’re trading these. Indices; you first attitude. Biotech lottos and JMIA … Continue reading

A.M. Look 8/7/20

What if they gave a party and nobody came? Many markets put in extremes over the past 24 hours. Euro has a double top on the Point & Figure @ the opening range @ 119.19 Metals corrected last night after … Continue reading

A.M. Look 8/6/20

All Silver…currently splitting its long term fibs. This is not the high. https://youtu.be/VBvEAkoXZts link to podcast with Yra, Tom Luongo and Nick Barisheff on precious metals courtesy of Financial Repression Authority. Thank you Richard! Spoo…3287.50 is needed for a pause … Continue reading

A.M. Look 7/31/20

Euro…taking a little breather @ Month end up 6 figures. Pound is up $7.30 on the month. Spoo…keeps probing the bottom of the breakdown gap from February and backing off. Spreads are in a congestive pattern. Nasd/Bonds not backing off … Continue reading

A.M. Look 7/30/20

VIX…27.04 matches up with an initial low in the Indices. Spoo…descent reversal on the 50X3 After a month of sideways action, Spoo gained on the DAX. DAX has retested its 50 DMA GDP should get the Lagos going early, followed … Continue reading

Daily Market Intelligence 7/30/20

Daily Market Intelligence 7-30-20

A.M. Look 7/28/20

Back to the 80’s. Silver spiked up $7400 a contract before breaking 20K a contract. Gold & Euro both paused. Silver..that could’ve been it for a while. The extreme was certainly big enough. It’s either the pause that refreshes or … Continue reading