A peek into future through futures

The following are futures positions of non-commercials as of January 13 (Tuesday).  Change is week-over-week. Dollar index and E-mini S&P 500 are noticeable. 10-year note: Did non-commercials get squeezed a little this week?  By Tuesday, the 10-year yield had dropped … Continued

Amidst continued selling of rally attempts, bounce probably due

posted in: Derivatives, Equities, Technicals | 0

Bounces are normal within established downtrends 2015 starts out lousy; selling/shorting rallies ka-ching so far this year Should Draghi disappoint next week and U.S. stocks get sold, weakness probably gets bought For ardent believers of “as goes January, so goes … Continued

Gold is bottoming, only question is duration

posted in: Derivatives, Equities, Technicals | 0

Improvement in gold’s price action in recent sessions Key will be if non-commercials begin to add to net long gold futures Looks to be bottoming, but still tentative; short GLD puts safe way to go for now Gold ($1,187.9) is … Continued