NDX Tests Breakout Support

Last week NDX put in something of an Evening Star Doji and bull trapped the momos into a pullback for a second time, as we noted in NFTRH 609. Today it dropped perfectly to test the breakout support level we also noted in #609. So far the bulls are good above the EMA 20, but MACD has a suspicious looking roll to it and RSI … Continue reading NDX Tests Breakout Support

GaryJune 29, 2020June 29, 2020

Gold Stocks

GBR.V (GTBAF): Relentless Momo

One of the things they teach you in Market Genius 101 is that an overbought stock can remain overbought for a lot longer than you can patiently wait for it to come back down. Hence, Great Bear Resources has been a rare exception for me and has been ‘hands off’ where the sell button is concerned. As long as they keep poking holes and filling … Continue reading GBR.V (GTBAF): Relentless Momo

GaryJune 29, 2020June 29, 2020

Notes From the Rabbit Hole

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Day: June 29, 2020

NDX Tests Breakout Support

GBR.V (GTBAF): Relentless Momo