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
Futures…108.44-60 is a do not sell or cover zone the first time down. app 92.15 USD/CHF
Some of you legged the roll by lifting your short (H) Euro and Swiss on the IMM opening.. Good Job!… The Euro low was unchanged on the month and a natural pivot level.We will wait to re-sell the Euro either … Continue reading
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
If we get anywhere near 1334 ish SPH (MARCH S&P) today take off at least 70% of these trades. Then raise your stops to break-even. The Euro hit big support this a.m. @ 138.60 ish. It will now be the … Continue reading