A look at the latest sentiment setup after the market's recent volatility. Graphs from Sentimentrader. Smart & Dumb indicators recoiled sharply. If this is another sentiment adjustment to refuel the…
From yesterday's trade log: "I am going to choose to imagine a large Cup & Handle on the FXI weekly chart and buy it." Before getting to the technicals, I…
Bitcoin is getting blasted just as the charts have been forecasting for months We have been managing a coming top in Bitcoin (BTCUSD) for months now, ever since RSI negatively…
Gold is now bouncing vs. most risk 'on', inflation-sensitive and/or cyclical markets/assets Since first noting the very spark of an initial hint in NFTRH 653 and then again in this…
Copper is pulling back after its breakout to an all-time high First the disclaimer: I bought COPX & FQVLF after seeing them pull back to their daily chart pattern tops.…
ACWX (world, ex-US) sports a Diamond pattern in the making. People incorrectly (IMO) label this as a reversal pattern when actually in my experience a Diamond tends to be a…
Global market stress this morning I was going to talk about the ongoing VIX divergence and loss of momentum in SPX, regardless of how the market looked this morning. That…
From yesterday's update using the chart below... Today HUI takes out the 1st ‘get out of jail’ point on the daily chart. We noted this and the 2nd ‘get out…
Copper miners continue to bull On April 15 we had an NFTRH+ update (Correction is Ending in This Reflation Trade, now public) Last week I added both COPX and FQVLF…
US dollar (DXY) looks to long-term support in the 88s Last week we noted that USD kept a semblance of the 2021 uptrend in play by holding the February low.…
HL hits and exceeds target in the 8s I have traded the gold stock rally as I've felt I needed to. Signaling entry into this then-'bounce only' trade was Franco,…
Today HUI takes out the 1st 'get out of jail' point on the daily chart. We noted this and the 2nd 'get out of jail' point at 325.26 back in…
The weekly chart of HUI shows the Handle consolidation having been broken to close last week and follow-through in the opening hours of this week. Yes, it's a breakout. The…
HUI/SPX ratio Push, push, push... that cart full of rocks out of the dark cave you've been in since last summer, Huey. Push, push, push and see if you can…