An update on the gold miners As GDX bounces from another moderately oversold reading, let's take a checkup on the situation. Technically, it is bouncing from a higher low to…
First, a note that if you have not seen it, the trade log has a daily chart and some words about GDX. I also posted a weekly chart of GDX…
GDX has filled its lower of the two nearby daily chart gaps after the bear flag breakdown. It is good to have that gap out of there. GDX is viable…
The silver price has been very volatile on the daily chart view. On the larger view it touched clear long-term support on the decline in 2022, which was a higher…
As you know, we have many charts and indicators advising of a still bullish market at high risk. I thought I'd add another to the pack. This is a simple…
An interesting situation which, if not yet positioned or only lightly positioned, may manifest in a solid buying opportunity. There are a couple points on the chart we've been aware…
In the last few weeks we have been allowing for, even anticipating a renewed bout of inflation concerns as the yield curve (10-2) steepens, nominal yields had dropped significantly to…
In NFTRH 794 we took a look at the weekly chart of ILF along with: "LatAm 40 is bullish and one could project a target from this pattern to 33,…
These are the items I am watching (UEC added to the usual suspects) by daily charts as the sector continues to flag downward to burn off the previous overbought situation.…
A very brief update of these three items (daily charts). GDX is bouncing. USD is still bouncing. TSX-V is grinding within the intermediate rally/uptrend. A couple side notes: The bounce…
Just a simple update reviewing and reminding of we've already covered, after the gold stock sector got clubbed last week. The failure has filled the upper gap and we are…
This update asks you for 14 minutes of your time as we cover US stock market leadership, USD, GDX and some gold ratios with respect to the macro backdrop that…
First, a review of the situation to date and our stance with regard to it... Elements are in play that would change the macro to a longer-term favorable backdrop for…
I'll be out for the first part of the trading day, so I wanted to get a little review of these items in the can for your consideration. Daily chart…