Indices are stuck for now. Yields ran the FX & Precious metals rally. Below is today’s live session for the CME collegiate trading challenge. Yra and Andrew graciously share their trading experience and wisdom. There is a lot in this … Continue reading
SX22..Jan Soybeans above 12.11 have bounce potential. Late day the room discussed interest rates with Yra. This current bounce was triggered off a technical level in Gilts and the 30 Yr. Monthly cloud. The yield shows mvg avg support @ … Continue reading
The room was treated to a great conversation with Yra, Andrew & Angelo. The discussion centered around the articles being dropped in the media by FED members of a tightening to be announced @ Jackson Hole next week. Yield curve … Continue reading
Russell Napier and Yra https://youtu.be/qr5s-9BJGGY Gold rallied to the scene of the crime. I have no trading bias. Spoo/Bond has not backed off. Russell; looking at the Matrix # for upside bias. The less you do the happier you’ll be!
Grains came back last night. Gold is going in crypto as well as in FX terms. GoldinEuro needs to break above daily cloud resistance. Gold/YM hit daily could resistance @ its 50 DMA. On a relative basis its holding up. … Continue reading
Daily Market Intelligence 7:16:21
There is lots to discuss after the long weekend. Rosenberg and Bookvar had a discussion posted on Real Vision that needs a very deep look. Spoo’s have gone vertical for 185 points without a 25 point back and fill. Even … Continue reading
30 Yr. Bond Futures set up differently than the Yield. Futures are in the midst of a big range. Spoo’s will take price action under 4267.50 for longs to lock in gains. Spoos are at a long term price target … Continue reading