NFTRH Update 7.30.13, Parameter to a ‘Healthy’ HUI Consolidation
Insert here the old saying about a picture and 1000 words... HUI tried to get up and out of the consolidation flag yesterday but oh yes, it is FOMC week…
Insert here the old saying about a picture and 1000 words... HUI tried to get up and out of the consolidation flag yesterday but oh yes, it is FOMC week…
It is as notable as a 2nd term president handing off the big problems to the next guy, as George Bush did with Barack Obama in 2008; the changing of…
Note: After feedback from one subscriber I want to remind all subscribers that if your orientation is to establish long term positions based on fundamental value or macro outlook and…
Earlier we noted that HUI was still in an AROON downtrend, which is how it closed. But today did the trick in bringing more than a handful of what can…
Well, we are certainly getting the follow on momentum we wanted to see. More and more weekly MACD's are triggering up, following our leader examples, AG and PVG. In fact…
Please refer to this morning's public blog post Precious Metals Must Make a Stronger Statement Still. The best thing happening in the precious metals in my opinion is the HUI's…
Yesterday was an impulsive looking move and something of a statement in itself. But now technically, the metals and miners need to gather themselves (after a potential pullback on profit…
Two conditions are looking very good... Gold vs. oil and... Gold vs. broad commodities. This is exactly what we want to see continue along with this rally.
The HUI gapped the open. There is also a gap below highlighted in yellow. We should not worry about these because if they are breakaway gaps they are signs of…
As a reminder: Gold has significant resistance at the 50 day averages (1335 to 1338) and visual @ 1350. Silver at the 50 day averages just above 21 and then…
Below is a copy of a free eLetter that is meant as an introduction to NFTRH. A sort of NFTRH-lite if you will, which highlights a few of NFTRH's themes…
Just a quick snapshot of the HUI after a churning, grinding Monday that did not feel bearish to me. The 60 min. chart we had been watching held the support…
[edit] Formatting errors have been corrected from an original version posted earlier. The following is excerpted from this week's Notes From the Rabbit Hole, NFTRH 247: As the 10-year to…
Last update of the day, I promise. ;-) This view is enlarged from the previous one shown and with an hour to go, Huey is holding the line. The lack…