SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (18616)1/24/2017 6:35:47 AM
From: John Pitera1 Recommendation

Recommended By
roguedolphin

  Read Replies (1) | Respond to of 33421
 
EUR/USD update... time to be short with a tight stop...... 1.0772


EUR/USD.......

3 year EUR/USD daily chart



1 year EUR / USD with FIBS



EUR 60 minute globex futures rising wedge.



EUR/USD 3 minute Globex appears to be breaking down...

I have a nice tight stop on my short. Gold can not get over 1220 so far......



the pound is acting poorly this morning due to the full Parlimentary Brexit vote.

Gold and silver have been so far unable to get above their .382 retracements on the daily charts as
I have illustrated over the past few days.

daily charts of Gold and silver... they both need to get above their ..382 levels on the daily chart for them to look more bullish....

Administrations are notoriously bad at talking down their currencies and getting it to stay...... especially when the FED is leading the charge with higher and higher FED Funds rate and the USD having a positive interest rate differential with the EUR, JPY, Swiss, the Scandia currencies etc.

Message 30946892



Soybeans and Soybean meal are markets that have been more bullish



The typically quite very low margin requirement Oat market has been one of the best trending since early Oct.

John