alice

NFTRH Update; Stock Market and Gold Sector

After noting 1947 as the key short-term resistance for SPX we find it right back there testing that level.  This after a drop yesterday and hold above the EMA 20, which we noted it needed to do to remain in bounce mode. I mentioned that the short on MKSI was covered (also took a minuscule profit on the AMAT short, closing out my Semi equipment … Continue reading NFTRH Update; Stock Market and Gold Sector

alice

Gold’s Full House

Using the Macrocosm theme again (I can’t get enough of this gimmick) let’s update some key gold ratios in poker terms. Gold is currently working on a ‘full house’, with three of a kind (gold out performs stock markets, gold rises vs. commodities and gold rises vs. global currencies).  We can call the pair needed to complete the full house economic contraction (to varying degrees … Continue reading Gold’s Full House