Uncle Buck Updated
Today USD is bouncing to test the breakdown from the support at 94 (+/-). I am neutral now on USD for the short-term and expect the down channel to eventually…
Today USD is bouncing to test the breakdown from the support at 94 (+/-). I am neutral now on USD for the short-term and expect the down channel to eventually…
The trend line from last summer is lost and the 94 +/- short-term support area is breaking down, per the weekly (live) chart. Now we look ahead to major support…
While gold vs. the S&P 500 has not done much yet, I want to show a view of gold vs. a couple market leaders, the Russell 2000 and Biotech index, looking constructive.
There are many more details and indicators that inform well balanced ongoing analysis, but the three scenarios below are the general options before us. Excerpted from this week's edition of…
A geek looks upon the chart below in amazement as the daily patterns in 3 different items combine to send a message. Now, what is that message? Inflation expectations are…
A very good one, dealing in the short-term across major markets. I also hit myself over the head with a clear view of the gold stock sector and what it…
Here is a weird looking CoT this week. Gold improves and silver degrades. Therefore by this measure I like gold better than silver. But then, that applies anyway. I don't…
Yesterday we illustrated why it was premature to get all hyped up on bond yields. Today they are dutifully dropping. Here is a look at some of the suspects. The…
The world is getting hyped up about bond yields lately with bonds of all stripes declining, as if we are in the midst of a debt Armageddon (we are and…
NFTRH's target for Crude Oil has been 62 ever since its break from the bottoming pattern in early April. This chart refines it to 64. Apparently the Saudis are talking…
The subtitle for this update could be called ‘Default to Cash’ (D2C), which is exactly the sentiment that has been repeated for much of 2015 as the market jigsaws up and down, trying to slice everybody up.
I would love to see Euro take one more pop relative to USD, up to the noted resistance zone. 1.15 is a measurement and it also holds visual resistance. From…
The US dollar is bouncing from the 94+/- support zone. I do not have a read yet on whether it will continue to bounce to heavy resistance or drop further into support in the short-term. Yesterday’s post gave some perspective on this.
USD is bouncing from the projected support area of 94 +/-. If I were to guess, I'd say it gets another leg down deeper into that area or possibly to…