Day: June 18, 2020

Currencies

Uncle Buck is Bouncing But Not Bullish

US dollar index daily and monthly charts DXY continues to bounce but cannot be called bullish because… It marked a lower low to June 2019 in March. It has thick resistance overhead, including the converging daily moving averages. Per the 2nd (monthly) chart, it made a lower high in March on that whipsaw from a lower low. There is also monthly RSI negative divergence. Still, … Continue reading Uncle Buck is Bouncing But Not Bullish

Gary
NFTRH Interim Updates, NFTRH+

NFTRH+; HUI, Gold & Silver Seasonality

FYI on seasonal averages, which can deviate from the average in any given year. But just for your reference as we continue managing the correction. Based on the average since 2001 (which includes both bull and bear markets) gold stocks tend to bottom in July before turning up hard in August. Last year HUI deviated and bottomed in May. Gold stuck to its seasonal with … Continue reading NFTRH+; HUI, Gold & Silver Seasonality

Gary