Hard test for Bitcoin
BTC/USD is making a fairly dramatic test of the 50 and 200 day moving averages Thus far the test sees the Bitcoin price intact, technically. Just avert eyes from daily…
BTC/USD is making a fairly dramatic test of the 50 and 200 day moving averages Thus far the test sees the Bitcoin price intact, technically. Just avert eyes from daily…
GDX dumped the 15 min. support area around 32.25 but is making a hint to whipsaw back above it. Classic shakeout? In doing this it is making a would-be hammer…
'Battery Metal' Nickel is bullish Among other metals like cyclical, inflation-sensitive copper, counter-cyclical much less inflation-sensitive gold and tweener silver that have either been correcting during the summer inflation cool…
Super simple. GDX is fillling last week's gap up per the 15 minute chart (GDXJ is similar). This area carries lateral support and should hold or the sector bounce would…
A daily chart look at the progress of the simple macro picture we are tracking, the 30yr yield Continuum vs. the duo of USD and Gold/Silver ratio. The daily chart…
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HUI's bounce has come to its first key level. Here resides the down-sloping SMA 50 and lateral resistance. This was the minimum bounce objective and it could halt the bounce.…
August Payrolls disappoints at 235,000; one sector would benefit So I guess that the Citi Economic Surprise Index per yesterday's post is more concerning still, as analysts expecting +720,000 new…
Uranium stocks woke up this week My only position, UUUU is the laggard. Regrettably, I didn't buy back NXE because it didn't pull back, and now it's gone. But UUUU…
Citi Economic Surprise Index continues to flash a stark warning Not that it has mattered (as with other bubble indicators) but the CESI is and has been guiding the S&P…
Unlike the S&P 500 for example, copper and other reflation markets are not robo-markets "I broke down! I broke out! I attempted to break down but held the SMA 200!…
DVAX hits Goldman's target of 19 in 2.5 weeks On August 13 we noted that the Vampire Squid had discovered my DVAX baby and set an upside target. Today DVAX…
[edit] heading into the open DXY has taken back the SMA 50. FYI... Daily chart technical snapshot of some key items Gold is testing Friday's break above the SMA 200.…
Copper price takes out the SMA 50, USD holds the SMA 50 The implication of a successful break upward by copper, would be an important member of the Reflation Olympics…