Moor Podcast Excerpts:
About Michael Moor’s Work: Moor Analytics produces technically based market analysis and actionable trading suggestions. Reports are sent to clients twice daily, pre-open and post close.
Go to MoorAnalytics.com for 2 weeks Gold, Oil, and Bitcoin reports free trial
Note: Michael puts out specific actionable trading levels twice daily for Gold, the whole Oil complex, S&P 500 and Bitcoin. If you are a serious technical and/or day-trader type we recommend his work without reservation. Go here
Possible Trades
Today: Nothing on radar in Gold yet. No set ups on our systems today. intuition says this market is being accumulated again and smacked back in range on exaggerated moves.
We would note on Micheal’s levels he is in an up correction of a down correction of a move. That is too complex and has to resolve into only a move and a correction soon. Therefore for us, no 1 to 3 week trades. only short term ones.
The last macro trade we had on was long GLD and short TLT. We want to put that on again, but are waiting for Micheal’s levels to consolidate and then use them. For now we will day trade using our hourly system and his levels
Cheers
