5/10 Premarket
Silver traded thru the first support area I talked about a few days ago, so that’s good, as it took out some sell stops. But I expect to see a more substantial selling climax still....
Silver traded thru the first support area I talked about a few days ago, so that’s good, as it took out some sell stops. But I expect to see a more substantial selling climax still....
The biggest danger to markets, and a reason given to buy PMs, is a “crashing US$. But it’s actually the opposite that worries me – a big US$ rally. I said the day after the...
The bullishness on the $ was rampant in December and into the 1/3/17 high. If you haven’t seen the videos, this area since Q4 of 17 has been quite similar to the 1999 trading range...
Buying climaxes are momentum events. If we miss the out on the big rally into the momentum high (buying climax), on the first day/first buying climax, those reaction buys are outstanding trades – like DRYS...
Stocks – FIT still has potential after a reaction. FNBC potential for reaction buy. CCCR potential reaction buy. And I’m watching miners, both sides of the market....
Fed day is today, and the big markets tend to be quiet ahead of it, but silver, IWM, and crude oil are not listening. Once again, what happens to people after a steady rally in...
Another named, numbered trade setup which is the break of support – first – and then there is something specifically to watch for which is – 3 pushes down with volume abating on each push....
From the WSJ: A traditional bond market measure of economic health is sending a dour signal, but it’s not everything it seems. The difference between long-term 10-year Treasury note yields and short-term two-year yields fell...
Recognizing trend absorption can be helpful in many ways, even if you don’t actually trade it. Of course trading it is the ultimate goal, but it can also give you confidence as to what the...
I’ve been chronicling a gold futures trade, and talking markets overall, in these live videos posted here. As far as currencies, President Trump stated yesterday that basically he wants a weak $, but he isn’t...
Copyright (c) 2017 The Entry Point - All Rights Reserved | Built by RedLotus Austin