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7/13 Premarket

July 13, 2017-9:23 am traderscott 0

At the Winners List page there was this about bonds, “On 7/7 (below), I said bonds are oversold. This rally could be a pretty good one, yet be part of an overall major topping process (distribution). Bonds are...

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Gold and the Yen – Setting Up Areas

July 12, 2017-8:48 am traderscott 0

The following is a quick video about how the weak hands will screw themselves up in gold and the Yen in the shorter term. We can look at which areas/levels this will likely occur....

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7/11 Premarket

July 11, 2017-9:22 am traderscott 4

  Yen ($/Yen) is back into resistance, and a possible smaller reaction and another push higher for a bigger top. The situation of a top in this pair this week would help gold, but in the...

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Accumulation / Distribution

Period of Preparation – So Important

July 11, 2017-2:28 am traderscott 4

The period of preparation in markets/stocks is so very important to understand, for many reasons. Please start thinking about markets in terms of preparation, actually in many ways. We, ourselves, need to do an outstanding...

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Effort vs. Result

Shortening of Thrust Gold 2015

July 11, 2017-1:22 am traderscott 0

Shortening of thrust (SOT) is another great tool to show that a market/stock is becoming less weak/more strong, even as it’s falling. The EA at each thrust low in itself is a strengthening process. And...

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7/10 Premarket

July 10, 2017-9:18 am traderscott 7

From a time frame perspective, my belief is still for a tradeable bottom in gold this week – early. But a bigger bottom in about 4 weeks. In August, that has the potential for the...

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7/7 Premarket

July 7, 2017-9:21 am traderscott 4

We’ll discuss the silver flash crash later, but the “jobs” number is out, and gold and the Yen both fell and rallied sharply and fell again. Gold traded right into the top of the trading...

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7/6 Premarket

July 6, 2017-9:18 am traderscott 0

Tomorrow is the “employment” number and there is usually range trading going into it, but there are markets moving today ahead of it. Yesterday we talked about the QQQ being ready for a bounce, which...

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Accumulation / Distribution

Emerging Strong Stocks

July 6, 2017-7:28 am traderscott 4

Most people view strong stocks on a relative strength basis – meaning those stocks which are very powerful and blasting to the upside. That is correct, but the vast majority of those stocks went thru...

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7/5 Premarket

July 5, 2017-9:18 am traderscott 0

Charts below: Gold has the potential to set up a bounce, or a bit more with some more retesting, possibly new low. I’ll be looking to take a shot at buying miners today on a...

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