Wilson @Sockpuppet_Doug
Futures trader, former architect, utility industry asset manager and capital planner. Tweets are my opinion only. #goducks Portland Oregon Joined May 2009-
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This is so true. Thorough research is essential but don't try to manufacture profits.
This is so true. Thorough research is essential but don't try to manufacture profits.
$MARA close to support and showing good price compression since the last crypto cycle. A lot of volume to work though just above so probably not an easy trade in this zone. If it clears $27.50 tho it could run hard.
How I'm looking at $silver: It broke UP from a rising wedge which is typically uber bullish but just failed first breakout attempt. Now in no-mans-land. Close above $32.5 = bullish. Close blow the wedge = bearish. Out and watching till something gives. $SLV $SI_F
#corn looks like a buy. Nice RSI divergence, volume coming off and price setting up very orderly. $ZC_F
With the massive outflows in the energy sector and money managers net short brent crude, this looks like a solid play. Technicals and positioning lining up. 👍
With the massive outflows in the energy sector and money managers net short brent crude, this looks like a solid play. Technicals and positioning lining up. 👍
A lot of bullish setups already on thin ice this morning.
$Gold is now forming a smaller ascending triangle over the larger formation. Maybe there's another small dip but a breakout looks imminent. $GLD, $GC_F, $GDX
$Gold is now forming a smaller ascending triangle over the larger formation. Maybe there's another small dip but a breakout looks imminent. $GLD, $GC_F, $GDX https://t.co/bOTwrWefET
I continue to be conflicted with $gold. On the bull ledger we have higher highs/higher lows and hedgies. On the bear side we have declining volume, reduced CTA participation, ATH positioning, falling volume and lack of momentum. I'm still flat but can flip fast.
I continue to be conflicted with $gold. On the bull ledger we have higher highs/higher lows and hedgies. On the bear side we have declining volume, reduced CTA participation, ATH positioning, falling volume and lack of momentum. I'm still flat but can flip fast. https://t.co/wRs1aH0H6U
Hedge funds bullish on $gold while CTAs reduce exposure. Anyone have an opinion on this? 🤔 h/t @MenthorQpro for CTA positioning.

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