This from Barchart - Losses in arabica accelerated Thursday after the Brazilian real (^USDBRL) tumbled to a 10-month low against the dollar.  The weaker real encourages export selling from Brazil's coffee producers.

Coffee down another 7% in futures this am, but looks like bouncing a little off 150ish level. Has pretty good support around 150 level.  JO may be worth a shot in here since near 200ma as Timebandit pointed out below

Is this our Wave 4?

Russian missiles hit Poland

Boom, just covered my short right there at 4027.50 at 50% retrace on spike for 20 pts. I may be done for the day, lol

The spike went right to the bottom of the gap area, does that tell us anything?

Gold had a spike around 1:30 this am and then gave most of it back, then another even larger spike  on PPI and has given all of it back pretty quick, may indicate getting a little toppy in this range. Has had one heck of a move past week

The other day on that gap I put a Fib on the initial surge it and it pulled back only to the 23%, today has pulled back to the 38% already though has bounced a little.

GOLD loving this also

MARA nice bounce

Gold - https://www.zerohedge.com/news/2022-11-06/massive-mystery-gold-buyers-appear-metals-rocket

Say Hello commodities

Gold making a strong move up early tonite.

Thanks, I liked that chart too.

The problem I had with yesterday was that the release, though not completely dovish, sounded much more so like some of the parties who had agreed to it, weren't quite as hawkish and were aware of ramifications it was having on other countries. It's was almost like there were 2 different releases. If the release had just come out and said what Powell said so start with I feel it would have been more accurate.

Gold moving back towards that 1621 level again. If it makes it, will be the 3rd time in past couple of months. Not sure how many times we can knock on that door w/o it opening.

We were part of history yesterday for better or worse

She just bought yesterday and down 20% today on it

Nice hit there Kobie

Gold nice move overnite