Tag Archives: Silver
GDXJ…Junior Miners..Gold…Silver
37.91…today’s high was 37.82…The chart pattern is negative. A close below 37.91 Friday and this puts in a weekly outside reversal downside chart pattern . The miners in general have been taking a beating the entire time the fear quotient … Continue reading
A.M. Look 3/10/11
Silver (H) …35.15 is the level we held Friday for this past leg of the rally up. Today the bears would love to see 35.40 ish reject and start lower again during the day session. Dollar Bulls…We’re short the Euro and … Continue reading
A.M. Look 3/9/11
Euro looks like it could go as high as 139.80 ish and still be a sell against the 140 level. Silver never back filled enough for me. We were looking for a 35.385 print during the NYC day session. Since … Continue reading
Morning matches
Dr. Nenner has some critical momentum break down levels for the SPU and NASD right in this area. 43300 in the Copper seems to match up with these levels. Closing below these numbers are negative the equities. Those of you … Continue reading
A.M. Look 3/4/11
Silver….34.045-33.965 is the key short term support level which is also yesterdays all session low. Resistance…34.51-52 is the start going up to 34.695. This will become a price action trade. A violation and a close below 33.965 is negative in … Continue reading
A.M. Look 3/3/11
Stock Bears…The 1319-21 level will be an important resistance level today. Sustained price action above and we’ll continue higher. It will still be a day of having an eye on the oil action and we would expect the inverse correlation … Continue reading
A.M. Look 3/1/11
Bernake testimony will be the key news driver today. The Euro is still holding the resistance on the chart pattern and we would like to see the Dollar close higher today across the board. Again, there is no need to … Continue reading
Gold
I am a little early on this and yes! I have no stones!!! We are selling a small position in the Gold with a stop over today’s high in April. We are using a 1420 stop intra day. Looking at … Continue reading
Gold…Long term stock holds
Sell the rest of your Gold and Silver at the market. We’re presently being taken out of our longer term strategic holds in individual stocks today via our resting trailing stops.
Gold & Silver
This is the low end of the tgt. zone for Silver. We were initially eying anywhere from 31.60 to a now high extreme of 32.60. Prudent trading would dictate that those long Silver should now start scaling out. In that vein we … Continue reading