NFTRH+; USD/DXY Short-term Situation
It is a simple situation. USD (daily chart) is either in the bear flag that this looks like (rising for 5 days into resistance), or it is not. Giving support…
It is a simple situation. USD (daily chart) is either in the bear flag that this looks like (rising for 5 days into resistance), or it is not. Giving support…
Today the gap fill target at 622 was registered for the TSX-V. That does not mean it needs to stop here and quite possibly it won't. But it's the target…
NFTRH 809 had some words on the Agricultural sector last weekend. Included was this bit on sugar's seasonal average: Seasonals, not always reliable have been even less so for certain…
Now that the silver price is following through, let's review this blurb from NFTRH 809: Silver works best by weekly chart these days. We began managing the bullish pattern and…
This morning I saw something that I'd normally ignore, but given the history of the 2024 VIX decided to not only not ignore, but record an update about. It's not…
The daily chart Symmetrical Triangle broke upward, in line with its reputation as a bullish "continuation" pattern. In the May 9th update we noted that... "assuming this is not some…
As GDX breaks out of the nose of the Symmetrical Triangle, strongly hinting that assuming this is not some sort of bull trap, the long-standing target of 40 (+/-) is…
As noted in the trade log, I not only held my short positions on SPX and SOX despite yesterday's climb above resistance the SMA 50, I also added a short…
Today yields are popping after dropping recently, USD is doing the same and commodity and resource sectors are under pressure. Also, the Gold/Copper ratio is up and holding its intact…
The daily chart of GDX is doing as noted in yesterday's update, as it fools around in the nose of the Symmetrical Triangle. This is a brief review of the…
We previously managed a short-term Diamond pattern (decision pattern) that decided to break down hard prior to just as hard a recovery. The prospect of the Diamond was first introduced…
NVDA has undone any negative look to its daily chart by taking out resistance. Now all that is left is for it to clear the April 11th high of 907.39…
During a typically volatile FOMC week Uranium stocks got hammered yesterday and this morning they are gaining back yesterday's losses. In the course of my normal risk management, I released…
Silver (daily chart) is making a classic pullback to test the breakout after becoming overbought. Silver does not do things gently. Nor does the precious metals complex as a whole.…