Tag Archives: Silver
A.M. Look 2/1/11
It’s the first day of the month. We are going to pay close attention to the price action around 9 CT to see if directional flows reverse. Spu/Bonds spread needs to show it’s metal…with the bonds closer to the bottom … Continue reading
A.M. Look 1/31/11
Early Asia showed us all the extremes ( highs in the gold ,silver,oil) (lows in the Aussie,Euro,Spu). It’s the last trading day of the month! Not a good idea to fade the monthly directional flows today. The flow is long … Continue reading
Pattern Alerts
Gold…1336.40 pit Silver..27.72 pit Oil… 87.96 all sessions SPU…1279 is last weeks close…we are already way below the 1290.80 for the outside reversal daily. A close below 1267.70 finishes it off with a weekly “orlw” Dr. Nenner has a model … Continue reading
SPU.. Pattern Alert
A close today below 1290.80 would be needed for an outside daily reversal close lower. In the meantime the rest of the board is showing concern over Mideast political tensions with the Dollar move up against the Euro and commensurate … Continue reading
A.M. Look 1/27/11
Monty Hall here. Pick your doors wisely today. EUR/JPY…..113.90 is a big closing area in this cross matching EUR/CHF…..129.50….Only sustained price action above these levels will lead to more short term Euro strength. Silver, Gold, and Oil all went up … Continue reading
A.M. Look 1/24/11
Spu,Gold,& Silver have all probed both sides of the market last night. The Euro is in a near term support zone. It seems way too early to pick a side without further price action. Be patient and let the day … Continue reading
Price Action
You’ve got some pretty interesting mid-week extremes going on. The present flows can maintain direction into no man’s land, after London’s close and thru New York’s lunch time. Then we’ll see if the U.S. buys the stocks back up later … Continue reading
A.M. Look 1/19/11
Good Morning and welcome to this months episode of Full Moon Trading. Today I have four levels of interest. 1) Euro @ 135…this is a potential double top level on a monthly chart. This is a low risk level to … Continue reading
A.M. Look 1/18/11
The Euro areas are well defined, 132.50 below and 134.40 ish on top. Price action above 134.40 will lead to further gains. The Sterling has exceeded it’s 1st upside tgt of 160. Only a couple of closes over 161.70 will … Continue reading