NFTRH; Speaking of Russia

This started out as an NFTRH+ update, but since any stance with the Russian stock market is a longer-term proposition, I decided it was best as a regular update for anyone who might be interested.  We’ll keep NFTRH+ on mostly shorter-term scenarios (INTC being an exception), often involving US stocks (and precious metals and commodities equities when they are in setups and when the macro fundamentals indicate a good backdrop).

(more…)

Comments Off on NFTRH; Speaking of Russia

NFTRH; PM’s; Good, Bad & Ugly

Sentiment Backdrop

Improving CoT data, public opinion in the dumps, Hulbert’s HGNSI at an extreme bearish level and the contributed articles at Kitco uniformly bearish (or at least acknowledging that gold is done for a while).  Getting very bullish, but sentiment is not a very good timer.

(more…)

Comments Off on NFTRH; PM’s; Good, Bad & Ugly

NFTRH; Key ETF Update

A snapshot of current technicals for key markets…

GLD became very bearish with the breakdown from 124.  A rise above 123 is needed to even begin to repair this chart.

(more…)

Comments Off on NFTRH; Key ETF Update

NFTRH+; EZU Short Setup & Parameters

This one is cut and dry technically.  Europe has been bouncing as expected and is apparently overjoyed about some Ukraine-Russia talks.  Backing out the hype what we have here is a hard down in an ETF that lost its uptrend and the 50/200 day moving averages.  It is now bouncing right back to them.

(more…)

Comments Off on NFTRH+; EZU Short Setup & Parameters

NFTRH+; Bearish Gold Setup & Parameters

Folks, being a long standing gold bull on the big picture it is a little weird for me to do this.  But NFTRH+ is a service that focuses on technical trading and GLD/Gold are in a bearish setup.  Hence, it is noted for those interested.

(more…)

Comments Off on NFTRH+; Bearish Gold Setup & Parameters

NFTRH; Precious Metals Indicators

I have had the HUI 220 to 225 potential hanging out there for quite a while now.  Interestingly, today with gold and silver getting hammered that HUI support zone looks far away and out of reach, unless the sector is going to totally break down.

(more…)

Comments Off on NFTRH; Precious Metals Indicators