Gold-Silver Ratio
Just a public service reminder from your friends at NFTRH that a rising Gold-Silver ratio would go hand in hand with pressure on most asset markets. So, you might want…
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May 12, 2016
NFTRH; US Stock Market Technical Situation
Yesterday’s hard reversal of Tuesday’s bullish move was an unpleasant development for the bulls but this morning, plucky as ever, they are back at it trying to bull the market again (SPX +13.50, NDX +27.50, Dow +87).
Recall that we were using the EMA 20s (orange dotted line on SPX and blue lines on NDX and Dow) as a key for the short-term. On Tuesday SPX and Dow popped above the EMA 20 but the NDX stopped right at it. NDX is a leader.
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May 12, 2016