Happy 2024 and some ideas for the new year - SPX BTC GLD TYX NG

1 Jan

Just getting back so I wanted to look at everything with fresh eyes. Some long term and some very short term ideas.

I hope you had great holidays and have a wonderful 2024!

2 Jan

Nota

looks like it was a rejection started on Friday afternoon. Look for support at 4700 area....

2 Jan

Nota

The dollar is finding support at the same line it did last time. Metals may come under pressure harder than SPX if this takes off.

2 Jan

Nota

AAPL already almost to it's 18weekly ma. I expect tech should bounce, but it does look like a top has occurred on some of the bigger names.

3 Jan

Nota

good morning, we're at 18ma support. this area "should" be a zone where the market gets some buyers, we'll see. A loss of the 18ma and the daily bias will turn down. Metals getting hammered today, they may have a swift move down if traders start to recognize the final move up as a false breakout, which is what it is looking like.

3 Jan

Nota

GOLD -

3 Jan

Nota

SILVER - I will do an update on the metals trade soon.

3 Jan

Nota

IWM at major support area, but there's a large gap to fill right below. A pause here would make sense.

3 Jan

Nota

daily 18 ma holding thus far.

3 Jan

Nota

update on the markets, will continue there -