TSX-V/TSX ratio says inflation/reflation trades are not out of the woods
TSX-V/TSX ratio is a negative divergence to inflation At the prompt of a subscriber I took at a look at one of my tools, the TSX-V/TSX ratio, which tends to…
TSX-V/TSX ratio is a negative divergence to inflation At the prompt of a subscriber I took at a look at one of my tools, the TSX-V/TSX ratio, which tends to…
Bitcoin down another 10% today after failing to take out resistance [edit] An NFTRH subscriber emailed to ask if I'd made a mistake with the measurement. The answer is yes,…
It's abbreviated and on the main points about the current macro. This is a market with clear rules that we defined in advance and now are tasked with adhering to…
The world's counter-party gets a massive short covering rally No more words needed... For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes…
It looks like HUI is dropping back into its big picture handle (daily chart downtrend channel) unless it puts an end of day tail on that candle and closes above…
Macro markets quake as expected, bonds get a little crazy For months now we have been expecting the Continuum to make a roughly symmetrical right side shoulder. That is the…
With RG's permission to reproduce... This is a post that many readers will probably find unvarnished, if not crude or repugnant. In the newsletter world we are supposed to be…
Let's micromanage the metals now that they got cracked. But first let's think about the miners. Yesterday we noted that HUI had not broken to a lower low in relation…
The copper price looks for the SMA 200 Copper is losing its orderly flag/channel and if that holds true, it looks like the daily SMA 200 and a test of…
The projection has been that HUI bottomed vs. SPX per this weekly chart. It made a low, tested it, turned up hard and then earned the expected pullback. Ah, but…
From NFTRH 659's Precious Metals segment: "The mechanics are that as long as the Cup’s handle remains in breakout mode the bias is up and any thoughts about a final…
Pre-FOMC, the market is "on edge" Why of course it is! The markets are on edge before the Federal Reserve’s policy update in the face of surging inflation The fact…
Copper price pokes below the daily SMA 50 Doctor Copper is taking out the 50 day average this morning. Now, if the FOMC were not conspiring meeting to manage macro…
[edit] From about noon ET I will be away from my office for the rest of the day, so don't interpret lack of trading or updating activity as the product…