NFTRH+; Gold & Silver
If they are going to bounce in the short-term, they could do it from here. Gold is at lateral support on the daily chart and is oversold. As a bonus,…
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June 30, 2021
NFTRH+; Hammer… and sentiment
HUI is oversold, sentiment has been pushed down and here we have a little daily chart hammer candle (potential reversal candle if it holds up). This index can bounce at…
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June 29, 2021
PLL thinks it’s a Semiconductor stock
Man stares at PLL chart... Lithium prospect Piedmont Lithium (PLL) sports... ...a similar bullish pattern to the broad Semi sector (and several of its components). Both recently used the SMA…
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June 29, 2021
EUR/USD… want to see something gross?
Well, here it is. EUR/USD is pretty gross A drop below the SMA 200 and lateral support, now turning to resistance as a bear flag curls down from it. Not…
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June 29, 2021
A Crispy profit (fully baked)
CRSP provides a profit at anticipated resistance Why again does it pay to not be a one-way gold bug? Why again does it pay to watch and respect macro signals…
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June 28, 2021
NFTRH 661, Out Now
We're back to full length, which is in this case is 56 pages of analysis, evaluation, speculation and a central question about the macro markets. Stock charts galore, to boot.…
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June 27, 2021
Updating the Gold Mining Fundamental Macrocosm
Gold miners require a unique macro-economic backdrop When gold stock bulls complain about a "smack down", a "hit" or a "smash" against the poor gold stock sector what they should…
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June 24, 2021
Society of the Spectacle, on full display this morning…
It's an O/T post that is the product of my morning spent catching up on some news and accidentally running into a couple of sensational stories. Maybe I will write…
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June 24, 2021
Plummeting, not Lumbering…
Lumber (adj.): move in a slow, heavy, awkward way Okay, well Lumber has been heavy, I grant you. But it is not lumbering or awkward, it is decisively power diving…
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June 23, 2021
NFTRH+; Key test for USD
USD (DXY) is pulling back after last week's FOMC event and is right at the 1st level of support at the SMA 200. If I was right in the June…
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June 23, 2021
NFTRH+; Updating a ‘reflation’ market
Let's take a look at the headline industrial metal, copper. After a fake below the most recent bull flag/correction channel it has popped back into the flag. Key resistance to…
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June 23, 2021
Rotation to Growth & Tech as illustrated by ROKU (w/ NFTRH 660 excerpt)
Market has been rotating back to growth from value and reflation-sensitive areas It was all about long-term interest rates and the beginnings of the at least temporary failure of the…
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June 22, 2021
Bitcoin H&S now active, for the moment at least…
The would-be Head & Shoulders top and its "sub-zero" theoretical implication for Bitcoin are active as the price ticks below the neckline The daily chart of BTC/USD is creeping below…
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June 22, 2021
NFTRH+; Target for the anti-market, USD
The spring/summer inflation cool down always was going to bring a bounce in the US dollar, AKA the global anti-market or counter-party to the big inflation/reflation trades that everybody came…
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June 22, 2021