Bull
It's not rocket science. This market is going bullish. Whether it is a short and final push higher or a big break of consolidation, the market chose to break out…
Comments Off on Bull
May 25, 2016
NFTRH; Miner Support Levels Reviewed
GDX has hit the first level of support we had defined as the 50 day moving averages. This after the breakdown from the daily bear flags we noted a couple days ago. The next support, should the correction go deeper, is the 50% Fib retrace, gap fill and lateral support cluster at 19-20. These are the straight up daily technicals with no fundamental discussion clouding the issue.
Comments Off on NFTRH; Miner Support Levels Reviewed
May 25, 2016
Dow Breaking Trend Line
The Dow had been the worst of the major US indexes on the short-term view (NDX led to the downside but formed a 'W' pattern as noted yesterday). Now the…
Comments Off on Dow Breaking Trend Line
May 25, 2016