Thursday, November 5, 2009

Boring

I guess I had a heartache for a reason, kept me away from this boring market action. Gap and go off the numbers this morning but that's it, nothing exciting, very difficult to trade a day like this.

Oh well it all can't be exciting everyday as you know.

Thursday

Waiting on the unemployment numbers but I doubt I will be doing much market stuff today as I work up with a terrible headache.

Wednesday, November 4, 2009

What I am looking at

Nothing for me today and yesterday because of FED meeting. Just watching and doing other stuff that I need to complete - Here is a 240min chart I am following


Gold

Just hit my B point for 1091- wow what a run!.
Next stop 1105???

Crude

Tuesday, November 3, 2009

BINGO- GOLD 1076

Finally hit its target and actually went over so you all know what that means- higher prices are coming.

Updates

I will be busy today and tomorrow so just a heads up on the markets. Yesterday's bounce was 100% a spot to get short! What occurred the last two weeks was just our regular trend of earnings season and with most of the heavy weights out of the way we are back to analyzing the economic data.

Watch that 1023 area and below that we could head down to 1012 very quickly but as you know I am looking for us to clip below 1000 very shortly.

Right here I am totally confused by oils movement but I am sure it will resolve itself soon. Also Gold looks like it wants to finally tackle it triangle target of 1076, we will see soon enough.

MARKETJEDI