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No Rest For The Wicked
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No Rest For The Wicked

No Rest For The Wicked

by The MoleDecember 13, 2016

Apparently Ozzy was right, there’s no rest for the wicked. It’s been an awesome Christmas season thus far and there appears to be no stopping the current equities rally. After an obligatory down session prices are pushing higher yet again and I’m actually considering a re-entry on a small dip lower today:

2016-12-13_spoos

If it happens put your stop below ES 2245 and Bob’s you’r uncle. I’m starting to wonder if we may actually touch 2300 before the EOY, at the rate we’re going it’s a definite possibility.

Setups Galore

Alright, we’ve got a ton of setups today and little time left to post them as I’m running a bit behind this morning. So let’s get to it!

2016-12-13_eur

My heart bleeds taking this but I’ve got to be long the EUR here with a stop below 1.058.

2016-12-13_wheat

Wheat has been envious of the rally in equities and is now attempting its own. Long on a dip lower toward 412 with an initial stop loss at < 408.

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Campaign Updates

2016-12-13_6a_update

Ozzie Futures are apparently getting out of the gate. We’re moving our stop to break/even here now. Nice breach SMA breach on the daily panel. If it manages to set up a base here then we are in good shape.

2016-12-13_silver_update

Silver – finally making a run for it after one nasty stop run yesterday. Heck, it only took a week but we are in good shape here now. I’m moving my stop to below that recent spike low which at this point ought to hold or we probably see it drop lower once again. It’s do or die time here.

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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