Gold •135 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 945.10 | +1.10 | +0.12% | |
WTI Crude •18 hours | 67.02 | -1.68 | -2.45% | |
Gasoline •18 hours | 1.949 | -0.032 | -1.63% | |
Ethanol •135 days | 2.161 | +0.000 | +0.00% | |
Silver •135 days | 30.82 | +1.16 | +3.92% |
Silver • 135 days | 30.82 | +1.16 | +3.92% | ||
Copper • 135 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 17 hours | 71.04 | -1.52 | -2.09% | ||
Natural Gas • 18 hours | 2.823 | +0.038 | +1.36% | ||
Heating Oil • 18 hours | 2.171 | -0.041 | -1.87% |
The market had a good week and is a little overbought while seasonality for the coming week is mixed. I expect the major averages to be higher on Friday April…
Summary: Long term - on major buy signal. Short term - on mixed signals. Gold sector cycle is down. A correction is in progress.
All the "money" slushing around in markets dominated by Deviant Market Dynamics continues to make it difficult for most active managers to perform. And the biggest consequence of this troubling…
We are ardent believers in the expression, "There are no accidents," that everything happens for a reason. A paltry 80 cent gap could have easily been filled by sellers in…
I have taken a more bullish stance on GOLD this evening and adopted the alternate wave count all together. It looks as if the market has now bottomed in wave…
Gold suffered heavy selling in early March leading into the Fed's latest rate hike. Speculators frantically dumped gold futures ahead of the Fed's meeting as implied rate-hike odds soared. This…
The BEA's Personal Income and Outlays report shows personal income rose 0.4% but consumer spending rose a scant 0.1% in February. The weak rise in spending is fresh on the…
Short term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.077. Decline from 115.53 is unfolding as a 5…
With the failure to even vote on the "repeal and replace Obamacare," coupled with the ongoing investigations into the White House "Russian" connections we thought it apropos to revisit the…
The May 6 2010 mini Crash became known as the Flash Crash. I first discovered a 360 Trading Day (TD, Gann's 360 degrees) cycle and posted it on my public…