Category Archives: Daily Pivots

Breaking Bad?

Good morning traders!  This is exciting.  We might do it!  We’re on the cusp of…… breaking even for the year.  Wow.  Mutual fund statements might get to start showing a “+” for the year instead of a “-“.  Cool. I … Continue reading

Posted in Daily Pivots | Leave a comment

Adonis has Left the Building

We arrive this morning to find there’s been yet another wave of violence in Greece over proposed austerity measures and some French banking warnings.  This has the Euro in a tizzy and most likely will lead the S&P. On the … Continue reading

Posted in Daily Pivots | Leave a comment

June Bug

Figures.  We get the breakout we’ve been looking for and then complete failure to follow through.  This is a very difficult tape and one that will be hard to swing trade for some time until there is a firm trend … Continue reading

Posted in Daily Pivots | Leave a comment

Flag Day

Hope you all had a glorious Memorial Day and had a chance to get RRR’d (rested, relaxed and ready to go) for this week.  Borrowing that from Ben at TradersAudio, just FYI. As you can see, the bull flag that’s … Continue reading

Posted in Daily Pivots | Leave a comment

Now or Never

Man what a juicy setup.  We’ve quickly moved lower to kiss the 50-day MA on Silver.  You didn’t think this would be easy, did you? Also, another look using monthly pivots….. Meanwhile, the dollar is just resting here at $73’ish.  … Continue reading

Posted in Daily Pivots | Leave a comment

Freak Out

Jeez.  What a way to start the week!  Silver sneaks up to almost $50 early Monday morning only to tail off big time.  What to we do now?  According to the tweets I see and the various blog posts I’ve … Continue reading

Posted in Daily Pivots | Leave a comment

Top Callers

Good morning.  Quite an interesting day of volatility in the metals, highlighted by some “bet” that someone made calling for a top in Silver.  Apparently they bought $1 million worth of puts – way out-of-the-money puts going out to July. … Continue reading

Posted in Daily Pivots, Uncategorized | Leave a comment

Monday Pivots

Good Morning!  S&P pivots are below and we’re consolidating in the upper end of this V-shaped reversal area.  With a gun to my head, I’d have to say we continue higher this week – POMO style. Technically, though, this would … Continue reading

Posted in Daily Pivots | Leave a comment

Irish Eyes

I’m not Irish, but this week I will do my best to party like one.  It’s hard to think about celebrating with all that’s going on, but it’s also almost enough to just make one drink anyway. I’m really only … Continue reading

Posted in Daily Pivots | Leave a comment

Wednesday Pivots

Good morning! Watching the dollar today as it has now formed a swing low, which should last 3-5 days.  I want to see how oil and gold react, but so far no major pullbacks. ES trading has stayed in this … Continue reading

Posted in Daily Pivots | Leave a comment