Daily Archives: July 16, 2014

NFTRH Interim Updates

NFTRH; GDX Status per Request

A subscriber requested a view of the GDX for his personal management.  So I thought I would throw it up here as an update.  Today is bounce day (at RSI support), but GDX has not even retraced 38% of the rally.  The 62% retrace at 24+ is the favored target for a decent correction that would flush some bugs.

(more…)

Comments Off on NFTRH; GDX Status per Request
July 16, 2014
NFTRH Interim Updates

NFTRH; Gold, Silver & Miners TA Status

Gold got blown up in 2 days with respect to the short-term rally.  Watch for gold to bottom before silver as we likely transition into a phase of gold leadership over silver.  Key support is from the 1300 down to 1270.

(more…)

Comments Off on NFTRH; Gold, Silver & Miners TA Status
July 16, 2014