US Dollar Index (DXY): Objective #2
The US dollar index has exceeded objective #1, will now test #2 It's pretty simple, the US dollar has been bearish on the daily chart time frame since dropping below…
The US dollar index has exceeded objective #1, will now test #2 It's pretty simple, the US dollar has been bearish on the daily chart time frame since dropping below…
Notes From the Rabbit Hole, #770 Summary US Stock Market: Semi & Tech finally give signals about abdicating leadership. The market is rotating into other areas (e.g. Healthcare, Energy) and…
The US dollar index updated NFTRH subscribers and I have been keeping well aware of the implications of a) USD following its daily chart downtrend, or b) painting the July…
Yesterday we reviewed still-cautionary signals. Today, let's check out an important one that may be turning positive for gold. Here is the 10yr-2yr yield curve, still inverted within its flattening…
Lately we have been noting that the fundamentals for gold and especially gold stocks have been bad and getting worse. I am trying to streamline weekly reports and not clutter…
Canadian TSX-V is holding support Note: this is Friday's close. Da 'V' is not trading today due to Canadian holiday. The Canadian TSX-V is holding the 50 and 200 day…
Notes From the Rabbit Hole, #769 Summary US Stock Market (as per last week): While late stage rotations appear to be in play Semi & big Tech leadership held and…
July Payrolls came in light, Hazel attempts to frown but her grotesque smile still lurks beneath The estimate by economists for July payrolls was +200,000. It came in light. So…
I have a hunch that the USD question (bounce turning into a real bear trap and rally or imminent failure?) may get some solid evidence tomorrow morning when July Payrolls…
The very fact that I am producing my Men Who Stare At Charts shtick means that I am practicing "pattern recognition", staring a would-be pattern that could be a Head…
[edit] I am doing some selling, regardless of what USD is doing. If items held start to look suspect in their own right, or do not fit the balance I…
As originally anticipated could happen (ref. July 19 video update, regarding the initial clear resistance/breakdown area): "USD can break through it, test the SMA 50 and still remain in a…
Arista Networks Stock (ANET) takes off in after-hours Per Friday's Trade Log after I'd already added the drop in ANET and upon seeing it drop more: Not sure what is…
[edit] I added WEAT after hours, after writing the update. As I started taking a look into the Agricultural sector to see who is leading and who is dragging (GKX…