COPPER_ HGH16

Weekly – Remains in consolidation at the 2.00 level. Trade pressures are up. Volumes have changed from bearish to neutral.

Daily – Long. Traded thru the 2.04 long entry price on Tuesday. The next profit target is 2.12. Trade pressures are up. Volumes are bullish.

Stops the long trade at the entry price 2.04.

[2-22-16: have touched the first profit target. Next target up is 2.23.]
[2-25-16: moved to touch the 2.12 target for the second time and pulled back. Raise stop to the 2.07 pivot.]

 

GOLD_ GCJ16

Weekly – Two weeks into the new uptrend. Trade pressures are up. Volumes have changed from Bullish to neutral.

Daily – Short. The 1229 short entry has been retested. The hourly is over bot. Trade pressures are up but declining. Volumes remain bullish. With Bullish volume this is a higher risk trade. At your discretion.

The next profit target down is 1173.

Place stops at 1240.

[Update 2-22-16: Lower stops to the entry price of 1229.]
[2-23-16: after a move down to 1202, stopped out at 1229]

 

SILVER_ SIH16

Weekly – In the uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the pullback from the prior move up. The next target up is 16.16. A close above 15.68 would signal a second leg up. Trade pressures are up but declining. Volumes remain bullish.

a Close below 15.10 would signal lower.

COPPER_ HGH16

Weekly – Looking for a higher low. Trade pressures have risen to the positive side. Volumes are mixed closing bearish.

Daily – Flat. Still in the pullback. Tested the 2.00 downside level. The next target down is 1.97. Trade pressures are down. Volumes are bearish.

A close above 2.04 would signal higher.

 

GOLD_ GCJ16

Weekly – Two weeks of rally mode. Trade pressures are fully extended up. Volumes are bullish.

Daily – Flat. Full break out above the 1202 target. Trade pressures are up. Volumes have changed from Bullish to Neutral. Some distribution is indicated.

A close below 1229 would signal a short to test that same breakout.

 

SILVER_ SIH16

Weekly – Breaks above the long term downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Should have taken the 14.30 long entry. Trade pressures are up with divergence. Volumes are bullish.

The next target up is 16.16.

COPPER_ HGH16

Weekly – Continues the uptrend. trade pressures are rising thru neutral. Volumes are bullish.

Daily – Flat. Stopped out at the 2.10 stop for a nice gain. Trade pressures are up and extended. Volumes are bearish.

Looking for a pullback. If price closes below 2.08 then likely to test the 2.00 level.

 

GOLD_  GCJ16

Weekly – all indicators point to long. Trade pressuresd are up but extended. Volumes continue bullish.

Daily – Flat. After getting stopped out on a pullback, the trade continued up thru the 1139 profit target and is now targeting the 1180 profit target. Trade pressures are up and extended. Volumes have turned from bullish to bearish.

A close below 1140 would signal lower.

 

SILVER_ SIH16

Weekly – Still in the long downtrend since mid 2014. Trade pressures have changed to up. Volumes have changed to bullish.

Daily – Flat. Confusing. Had an earlier long entry, but the trade pressures were over-bot. Now those same trade pressures are signaling divergence. Trade pressures are up. Volumes have changed from bullish to bearish.

Stay away for this trade.

 

COOPER_ HGH16

Weekly – Trading around the lows. Trade pressures are down but rising. Volumes are bullish.

Daily –  Long. The 2.00 entry price sets up a first profit target of 2.11. Trade pressures are up. Volumes are bullish.

Stops are at the entry price – 2.00.

[Feb 3 2016: raise stops to 2.10]

 

GOLD_ GCJ16

Weekly – Still in a downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Took the profit at the the contract close. Trade pressures are up. Volumes have turned to neutral. Lower highs on the indicators.

Look for a pullback for a possible reentry.

 

SILVER_ SIH16

Weekly – Still in the downtrend. Trade pressures are neutral and rising. volumes are neutral.

Daily – Flat. Last week triggered the 14.30 long entry. But the indicators were over bot. Trade pressures are up but declining. Volumes are neutral.

Once the cycle is complete, then a new move up thru the triggered could signal a new long.

COPPER_ HGH16

Weekly – peeking back above the 2.01 downside targets. Trade pressures are down but rising. Volumes remain bearish, but lower.

Daily- Long. The 2.00 long entry price has been triggered. Trade pressures are down but rising quickly. Volumes are vacillating between bullish and neutral.

Stops are at the 1.935 low pivot.

[Jan 28th, move stops to break-even, 2.00]

 

GOLD_ GCG16

Weekly – Three weeks of bullish behavior. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up from the 1068 long entry. Thru the 1103 target. The next target up is 1139. 1119 is resistance, so expect some consolidation here. Trade pressures are up but showing divergence. Volumes are bullish.

Raise stops to 1084.

[Jan 28th – sell at 1115, expect to roll to April contract]

 

SILVER_ SIH16

Weekly – making a test of resistance this week. Trade pressures are up. Volumes have changed to neutral from bearish.

Daily – Flat. The 14.30 entry price has been exceeded, but no trade til a pullback near the entry price. Trade pressures are extended up. Volumes are congesting. Look for consolidation here.

COPPER_ HGH16

Weekly – Remains in the downtrend. The long cycle downside target is the 1.456 level. Trading pressures are down but rising. Volumes remain bearish.

Daily – Flat. At the 1.930 downside target. expect some consolidation here. Trade pressures are extended down. Volumes are bearish with one bullish day last week.

The next target down is 1.879.

Need a close above 2.00 to support a move higher.

 

GOLD_ GCG16

Weekly – the 1053 support has held for seven weeks. Trade pressures are up. volumes are bullish.

Daily – Long. In a pullback to the 25×5 moving average. Trade pressures are neutral. Volumes are mixed, closing as bullish.

Raise the stop to 1078.

Watch the DX for new pressures to the downside.

 

SILVER_ YIH16

Weekly – The 14.04 lows are holding. Trade pressures are down, but rising. Volumes are bearish.

Daily –  Flat. Trade pressures are up. Volumes are bearish.

COPPER_ HGH16

Weekly – retesting the 2.02 lows. Trade pressures are down but rising. Volumes have reversed from bullish to bearish.

Daily – Flat. At the low pivot. A short entry was triggered at 2.04, but waiting for a pull back as the stochastic is oversold. Trade pressures are hard down. Volumes have changed from bearish to neutral.

 

GOLD_ GCG16

Weekly – Again the 1053 holds support. The next level down is 814. Trade pressures are rising thru neutral. Volumes have changed to bullish.

Daily – Long. The close above 1068 triggered the long entry,reached the 1103 target. The next target up is 1139. Trade pressures are up. Volumes were bullish all week but closed bearish on Friday.

Stops at the 1068 entry price.

 

SILVER_ YIH16

Weekly – Also testing the prior lows. Did not follow gold. Trade pressures are down but rising. Volumes have remained neutral.

Daily – Flat. In the down trend. Trade pressures are up. Volume is bearish.

COPPER_ HGH16

Weekly – Still in basing mode. Trade pressures remain down but rising. Volumes have changed from neutral to bullish.

Daily –  Flat. The prior attempt at a long trade was stopped out for a break-even. Still in the downtrend started in September, but pressing up against a possible break-out to the upside. Trade pressures are up. Volumes have been bullish all during the latter part of December.

Looking for a pullback below the original 2.0810 entry price for a new decision.

 

GOLD_ GCG16

Weekly – Still in the consolidation at the 1053 downside target. Trade pressures are down but rising. Volumes are very light and bearish.

Daily – Flat. The attempt last week at a long trade was immediately stopped out, also at a break-even. Trade pressures are down. Volumes have changed from neutral to bearish.

A failure of the 1046 low to hold will activate the 1006 downside target.

 

SILVER_ YIH16

Weekly – Still in downtrend. The 14.04 lows is being tested. the next target down is 9.43. Trade pressures are down but rising.Volumes have remained neutral.

Daily – Flat. The over-bot situation observed last week resulted in a decline below the long entry price. Trade pressures are down. Volumes turned bearish, but are very holiday light.

COPPER_ HGH16

Weekly –  Remains in the downtrend, but some signs of basing at the 2.02 downside targets. Trade pressures are down but rising. Volume has changed for bearish to neutral.

Daily – Long. The next profit target up is 2.19.  Trade pressures are up. Volume has turned bullish for the last four days.

Stops are at the 2.0810 long entry price.

A close below 2.03 will reverse this trade.

[12-28-2015: stopped out of the long trade at 2.0810]

 

GOLD_ GCG16

Weekly – Still in consolidation at the 1053 level. Trade pressures are extended down but showing some divergence. Volumes are neutral and very light.

Daily – Long entry was triggered at the Monday close above 1070 with a revist to the that level mid week. The first profit target up is 1104. Trade pressures are up but declining.Volume is bullish also declining. Trend lines are flat indicating little momentum.

Tight stops will be placed at the 1070 entry price, (have low confidence in the volume).

[12-30-2015: stopped out immediately @ break-even.]

 

SILVER_ YIH16

Weekly – In the long downtrend, and in consolidation at the 14.04 lows. Trade pressures are down but rising. volumes are neutral for the 2nd week.

Daily – Flat. Have traded above the 14.19 long entry, but the Daily is over-bot on declining volume. Let’s wait. Trade presses are hard up. Volume is a very light bullish.

COPPER_ HGH16

Weekly – Trade pressures are still down but extended. Volume remains bearish. Need a close above 2.23 to confirm any long trade.

Daily – Long. The next target up is 2.19. Trade pressures are still down but rising. Volume closed bullish on Friday.

Stops remain at 2.02.

[12-23-2015: raise stops to break even 2.0810]

 

GOLD_ GCG16

Weekly – Still in consolidation at the 1053 target. Trade presures are down but extended. Volumes are bearish.

Daily – Flat. Still in the downtrend from October. Trade pressures are now neutral. Volumes are moving back and forth from bearish to bullish to bearish suggesting congestion.

Need a close above 1070 and the 25×5 moving average to signal higher.

 

SILVER_  YIH16

Weekly – Also in the down trend for more than a year. Now consolidating at the 14.04 price level. Trade pressures are down and extended. Volumes are vacillating between bullish and neutral.

Daily – Flat. Trade pressures are now up. Volumes are congesting, but closed bullish.

Need a close above 14.19 to signal higher.