Copper Pokes Out of a Short-term Flag

Continuing with our micro management the Ph.D. cyclical metal, Copper, is poking out of a flag today. The implication would be for an upside test of the key 3 bucks a pound level. Click for a clear view. Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for an in-depth weekly market report, interim market updates and NFTRH+ … Continue reading Copper Pokes Out of a Short-term Flag

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NFTRH; Status of Key Gold Stock Sub-Indicator (med. priority)

It’s status has not changed from constructive, but since the HUI/Gold ratio (HGR) is so important to the technical situation for the sector, I just wanted to pop an update in here using HUI/GLD. Sure, anything can happen. But as yet the only thing that has happened is that the HGR has remained doggedly positive to the case for the gold miners. At worst, this … Continue reading NFTRH; Status of Key Gold Stock Sub-Indicator (med. priority)

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NFTRH+; A Bullish Dow Component

VZ is at a resistance level that could send it to new highs if it is taken out. The stock got hit with everything else in December (after acting as the defensive play that Telecoms can be in September and October during the stock market’s initial downturn). A ‘W’ pattern has formed after it found support at the daily SMA 200 (black), bounced and held … Continue reading NFTRH+; A Bullish Dow Component