
5/16 Premarket
The rally continues in the Euro, it’s always amazing what big SOSes can lead to. And it’s why it’s important to understand and recognize at least the more powerful technical situations like climaxes, and SOSes....
The rally continues in the Euro, it’s always amazing what big SOSes can lead to. And it’s why it’s important to understand and recognize at least the more powerful technical situations like climaxes, and SOSes....
The Entry Points The following weekend video takes a look at gold, silver, miners, currencies, and the stock market. The big picture posts referenced in the video are – finally time to buy gold, the […]
Most of you don’t trade currencies, but it’s good to have a sense of how to judge the market, as they certainly affect other markets. From Tuesday’s premarket: “Having said this, the $ is...
The rally in the US$ is continuing, as we are back at the top of the gap formed right before the first round of the French elections. I bought more USDs on that selloff. For...
Comments about stocks from earlier: More stocks – all we need is active stocks, which move and have rallies and reactions. “Growing up” as an options trader, it was fantastic to have so much movement/price...
This post is from a bunch of comments/questions left earlier today: About stocks and silver short term bottoming process: D: Looking at the silver chart, I’m seeing the “backside of an accumulation ”. Watch out for...
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 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...
The Entry Points Trader Scott Below the “fold” is a post from 3/6 regarding my concerns about commodities. The sector is very bullish long term, but they got overdone on the upside. And at the same […]
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...
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