randy876

randy876

GC has been bullish for the past 3 weeks and is set to continue making record highs this year. Look to get long if price pulls back to demand.

randy876

GC is continuing to show weakness. While the long term trajectory is still bullish, there may be an opportunity to play the weakness toward the 1940-1920 range.

randy876

NYMEX:CLU2023 has rallied significantly due to increased demand and OPEC+'s ongoing production cuts. Buying at quality demand is preferred as prices are expected to continue rising.

randy876

- Trades taken using confirmation entires to reduce risk and increase probability for sucess. - Using an initial 1:1 target is recommended for reducing risk. - Individual trade management styles determine how long trades remain open *** For educational purposes only ***

randy876

- Trades taken using confirmation entires have a higher probability for sucess. - Using an initial 1:1 target is recommended for reducing risk. - Short-term income trade ideas are good for the day unless otherwise stated. *** For educational purposes only ***

randy876 Updated 

- Trades taken using confirmation entires have a higher probability for sucess. - Using an initial 1:1 target is recommended for reducing risk. - Short-term income trade ideas are good for the day unless otherwise stated. *** For educational purposes only ***

randy876 Updated 

Debt ceiling bill comfortably passed in the house and expected to pass in the senate. ADP #'s are positive. Equities expected to go higher today. Lower DZ is stronger. - Trades taken using confirmation entires have a higher probability for sucess. - Using an initial 1:1 target is recommended for reducing risk. - Short-term income trade ideas are good for the day...

randy876 Updated 

- Trades taken using confirmation entires have a higher probability for sucess. - Using an initial 1:1 target is recommended for reducing risk. - Short-term income trade ideas are good for the day unless otherwise stated. *** For educational purposes only ***

randy876 Updated 

RTY has been strong recovering from the recent banking sell-off (for the time being). Looking at a few demand areas for longs. The first zone is mean to be an overnight set and forget. The closer the zone to the origin of the move the better the chance of it working so the lower DZs are likely stronger. Watch for tomorrow's 8:30am Retail Sales reports as they...

randy876 Updated 

Equity Indexes has returned to being bullish. This sentiment is likely to continue given that the markets have already digested the most potent economic data for the week (CPI). Watch for 10:00am Consumer Sentiment. If the report produces a surprisingly lower than expected number, sentiment may shift in the short term. - Trades taken using confirmation entires...

randy876 Updated 

Equity Indexes recovered from the sell-off we anticipated due to the CPI report. Price is likely to contiue it's rally, possibly making entry at one or both of these zones. Watch for 8:30am PPI and Unemployment Claims numbers. These reports could significantly change short-term momentum. Trades taken using confirmation entires have a higher probability for...