Month: November 2013 | Notes From the Rabbit Hole

NFTRH Update, Key ETF Charts

GLD continues its death struggle with the neckline, is in a downtrend and remains on a bear signal.

We have been working a theme lately about the mania going on in US stocks (some valuations are not overly manic but policy sure is)

From the previous update: “If HUI can cross back over the 206.66 October [June] low, I’ll take even more note.” Okay, so I am taking

I am tinkering around trying to see if I am comfortable with a more active trading opportunity aspect to the NFTRH service. As such, I

As we have been noting, the daily chart of HUI has a target of 168, which would be a theoretical Head on an Inverted H&S.

GLD continues to fight with the neckline and is on a bear signal.

Very simply, the October low was 211 for HUI. Other measures, like the GDX and GDXJ ETFs have already made lower lows. But today HUI

GLD hit support (neckline) yesterday and made a lower low to October’s low. A loss of this neckline would measure to 105 (+/-). GLD is

GLD is on a bear signal just above critical support. A loss of support in the 120 to 121 area would target roughly 105, based

The gold-silver ratio continues to rise today. A rising GSR often means strained market liquidity.

Well the theme is that gold is opposite to the bull mania and ‘risk on’ environment so well crafted by policy making. The title says

The break above the 50 period MA’s on the HUI 60 min. chart with a corresponding break below in DUST, is the first positive technical

HUI continues below the 50 day MA’s but has been sneaky in its refusal to break down despite the pressure on the metals over the

GLD is on a daily bear signal below the MA 50’s and MACD going red. At a potential S/T support area.

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