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Canada, Toronto
Joined September 2015
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$Oil nailed 102.50-102.55 B Pivot higher which I was looking for and broke. 108 T target is now in sight which I gave a high probability it gets there which is on its way now. A weekend Geo-policital trigger in the Middle East can run that T over and put 120 even 140 on the map. Midterms are around the corner. Next support is that institutional area around 100. Break that and 99.40 comes in. Very strong support is 97. Upside is still intact 108 most likely gets clipped even today. Full breakdown is in the video below on oil.
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$Silver just missed the 52.30-52.40 T target. Upper band is turning up. Looking for a pop today. That level would have put price into the lower bands where moves tend to terminate. No bazooka blocks there. Markets are moving up. Oil was green yesterday. Gold is up. Silver is up. First resistance level in Silver is 54.70. Above that 56.05-56.10. Very strong resistance is the L pivot at 57.05. Silver is still making lower highs so the bigger trend is bearish. But price into the lower bands price can bounce hard. Trip the stops and go. Could get violent. Midterms are coming. Middle East Geo-political issue's are still lurking. Israeli elections in the mix. Full breakdown is in the video below on silver. Do we tag 54.70 on the open or come back to 52.30-52.40 T Target than up up and away. Let me know your thoughts.
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December $Oil tagged the upper band and that overlapping B pivot. Looking for a dip then higher. We got the move up through 95 into 97 and that institutional area at 102-103 resistance. T target 108 is still live. Oscillator has room. Very strong support is the L pivot at 97. That puts price into the lower band. Dip there then bounce into 108 is the setup Iโ€™m watching. Middle East tension is still there. Midterms are around the corner. A real trigger can override 108 and put 120 even 140 on the map if a real trigger happens in the middle-east (Geo-Political) issue's. Stay light. These markets are tough. Full breakdown is in the video below on oil. Do we tag 97 first then squeeze to 108 or hold 100 and go?
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$Silver gave the scary red bars as I always like to point out to shake the tree while da boyz accumulate on the other end. Now itโ€™s sitting on 58.25-58.30 resistance. Got into the lower bands where moves tend to terminate. Oscillator was buried, crossed, and we got the pop up yesterday for the PPI. CPI and PPI are out of the way. Thatโ€™s when silver and gold usually reverse those red scary bars. If 58.25-58.30 breaks, 59.25-59.30 comes in next. Thatโ€™s the strong institutional resistance. It wipes out the whole move. Oscillator still has room for higher. Thatโ€™s the rinse and repeat. Let the levels dictate. Full breakdown is in the video below on silver Do we break 58.25-58.30 and make our way up to 59.25-59.30 resistance or stall here first?
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CPI day. $Oil hit 94.95 as stated yesterday high probability it gets there (It did). Next is the B pivot at 98.30. OIL got above 92.40 and spiked into that strong resistance (L pivot 94.95-95.00). It broke. Lower band flattened. Upper band still pointing up. Price is above those bazooka blocks. Oscillator got reset upside is still intact. Iโ€™m looking for 98.30. Take that out and 101.70 comes in quick. A real trigger can add $10 fast and put 105 on the map again. 120 is still live if something triggers which seems to be lurking in Saudi Arabia and or Russia. Russia Ukraine is heating up. Midterms are around the corner. Wait for the CPI number. Let the bots go to war, then look for the setup. Full breakdown is in the video below on oil. Do we tag 98.30 from here or chop around 94.95 first?
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$Oil is still bullish. Holding 91.70-91.8094.90-95.00 is the L pivot still in sight and high probability it gets there. Price tagged the upper band where moves tend to terminate, then came back. Da boyz hunted stops for liquidity. Now weโ€™re above those bazooka blocks. Lower band has turned up. (Good sign for higher) Could dip to 91.05 one more time then go. Iโ€™m looking for 94.90-95.00 L pivot Resistance. Thatโ€™s the line in the sand. Above that 98.30. Then 101.70. As long as we hold these levels, a squeeze is still on. Midterms and geo political issue's are still lurking. Full breakdown is in the video below on oil. Do we tag 94.90-95.00 from here or dip to 91.05 first?
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$Oil punched through 91.60. $95 L pivot is the next fight. Yesterday tagged 93.20, the top wick in the upper band where moves tend to terminate. Still like higher. Next level is 93.50. I think it overshoots that and comes for the L pivot at 94.90-95. Thatโ€™s strong resistance. About a $4 move up. Price is above those bazooka blocks. Looks like accumulation from da boyz. As long as 88.70-88.80 holds, bias is up. Full breakdown is in the video below on oil. Do we tag 94.90-95 from here or pull back to 88.70 first?
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#ES_F tagged 7870-7880 and broke it. 7945 T target is in sight now. That T target lines up with the upper band, where these moves like to stall. I think da boyz pull back first to trap more shorts, then squeeze. Yesterday 7815-7820 level hit to the tick and bounced. I still want a test of 7790-7810. ES loves those round numbers. Example (7800, 7700, 7600 etc...) 7750 is very strong support could possibly see a wick to that level (Stop Run). That puts price into the lower bands and where those previous bazooka blocks showed up in ES. Get back above 7840 and 7870 comes back into play. Then the squeeze into 7945. Upside stays intact until 7790-7810 fails. Full breakdown is in the video below on ES. Do we dip into 7790-7810 first or squeeze straight into 7945?
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$Oil bounced off the 87 B pivot to the tick. 90.30 got tagged. Looking higher still for OIL. Lower band is up. Price is above those bazooka blocks. I said 90.30 was coming and thatโ€™s where we are. Next resistance is 90.95. Above that 92.40-92.50. Thatโ€™s the one Iโ€™m looking for. Puts price into the upper band. Very strong resistance sits at 93.50. T target 83.75 is still live. If we lose 88.70, 83.75 comes in fast. As long as 89.40 holds, bias today for me is up to 92.40-92.50. Geo is still in the mix. Stay sharp. Full breakdown is in the video below on oil Do we tag 92.40-92.50 from here or flush 88.70 first?
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Core PCE day. $Gold is still bullish above those bazooka blocks. Called 4230 yesterday and it played. Thatโ€™s the kind of move you want. Next fight is 4230 4240. Thatโ€™s the A pivot. Strong resistance. I still like 4270 4280, then 4300. Above that 4345. Then 4452. Core PCE at 8:30. Metals are the ones to trade today. Stay patient. Wait for price to come to you. Full breakdown is in the video below on gold Do we rip into 4270 4300 on PCE or wick 4132 first?
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$Gold is above the 4170-4175 bazooka block from yesterday. Looking higher today for Gold with a nice green close fingers crossed. Just missed 4130-4135. That T target is still live. Gold loves the stop run. Take it up, trip stops, come back to the T, then go. Next resistance is 4235-4240. Above that 4285-4295. Line in the sand is the L pivot at 4345. Close above 4345 and this thing can rocket higher for a nice squeeze. If 4130-4135 breaks, 4095-4100 comes in. As long as 4140 holds, bias stays higher. Nasty paint the charts with a nice red bar then reverse. Thatโ€™s how da boyz play with Gold. Full breakdown is in the video below on gold Do we tag 4235 4240 first or come back for 4130 4135?
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$Gold hit the lower band to the tick. 4155 T target is still live. Can see a nice bounce here on the open. 4170-4175 was the intraday target and it tagged it. Bazooka blocks came in around the L pivot in Gold looks like accumulation. I still like a pop on the open toward 4200 4205. Strong resistance is the B pivot at 4220 4225. Gold loves to stop run. This low usually is not the low. They take it up, trip stops, then come back for the T target. If 4170 breaks, 4155 is the bid. Very strong support. Watch IAU. Da boyz like to hide in that ETF. Full breakdown is in the video below on gold Do we pop into 4220 4225 first or tag 4155 T target?
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$Oil is still bullish. 95.95 is the L pivot on the November contract. Price tagged the lower bands where moves tend to terminate and weโ€™re holding above those bazooka blocks. Looks like accumulation. Upper band is starting to curl up. Close above 95.95 and I want a squeeze into the old institutional magnets. 103 first. Then 106. A real trigger in the middle-east can open up 115-120. If we lose 88.10, then 86.30, 85.40, and 83.20 come into play. 88.20 88.80 is the line that needs to stay intact for more upside. Da Boyz donโ€™t want $100 headlines into midterms. Trump Xi may calm the tape for a day. Middle East and Russia Ukraine are still lurking in the headlines. Full breakdown is in the video below on oil. Do we close above 95.95 and squeeze or flush 88.10 first?
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#NatGas is still bullish. That dip was the shakeout. Price was already in the lower bands where moves tend to terminate. I said if we got back above 3.01 look for a quick pop. Thatโ€™s what happened. Trap low, then they squeezed it. Target was 3.20-3.22. We tagged 3.21. Close enough. Bazooka block is sitting right there. If youโ€™re long from above 3.02, take some off here. At least half. Move the rest to entry. Full breakdown is in the video below on Natty Do we hold this pop or flush back toward 3.01 first?
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Natgas clipped the B pivot to the Tick 3.22 nice resetting of the charts on this move lower from clipping the B pivot. 3.08-3.10 support upside still intact beauty of a move up in Natty..
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