Tag Archives: Silver
Silver…Day Traders
This will be a wild trade today. Pay attention to your short term maps..I expect a 42.45 print. That should also serve as your upside pivot.
A.M. Look 5/4/11
I am in full wait and see mode this a.m. We would expect to see a 2 way trade today with both buyers and sellers taking their turn trying to gain directional control of the stock indices. Investors should either … Continue reading
Silver…Stock Indices…AUD/USD
Silver is set to re-test the Sunday low. 41.77-42.05 is the Keno level. We are not playing this time down and it is a level for only the nimblest of professional traders to monkey around with. A close below 41.77 … Continue reading
Methodology…Lemming Effect Capital Flow
This A.M. let’s take a up a few lines critiquing our style. #1 JJG On 4/28/11 we were eyeballing the JJG for a trade. What we wrote: The JJG shows some support right here at 53.05 We’d like to get … Continue reading
A.M. Look 5/2/11
Early Hong Kong had the Silver touching the area we wrote as the low risk buy zone last Wednesday. This will now turn into a huge short term technical trade. We will send out a piece on this later today. … Continue reading
A.M. Look 4/28/11
Red light …Green Light trading.. The Bonds aren’t breaking and the Fed seems to have the rates where they want them. My eyes just keep taking my focus to the Aussie and the 110.30 level which is THE major Fib … Continue reading
USD/CHF…Suisse…Gold…Silver
A close today over 88.56 USD/CHF (under 112.93 futures “SFM”) is very significant. This would put in an outside reversal day in the Suisse which would more than likely telegraph some severe profit taking in the metals. Watch the level … Continue reading
A.M. Look 4/26/11
The levels of interest today are the old high in the S&P of 1337.50 off a continuation chart. We traded there this a.m. and it is important to monitor for a potential double top. 109.50 CAT is a level that … Continue reading
Pattern Alert Silver…Oil
A close today below 45.40 will put in an outside reversal day to the downside. This is the same pattern that the oil closing below 111.10 will elect. These are late day closing #’s for price negative patterns.. You’ve already … Continue reading
Risk OFF?
$111.10 Crude is the closing level to watch. A close below this level and we’ll liquidate the rest of our long DIG position. That goes for OXY as well. Silver..46.355 would not be an unexpected print today. A close below … Continue reading