In the previous update we reviewed the oncoming market bounce with a few details. Here are a few pictures of representative ETFs showing upside gaps that several disparate markets may…
The inflation hysteria - despite the actual mechanics of inflation, like True Money Supply and Fed policy that bloated it - are in the rear view mirror. What is so…
Even as silver continues to lead gold, check out gold (GLD) vs. SPX (SPY). The pattern is an inverted H&S, which would be a bullish reversal if it continues to…
This morning I shorted TSLA and XLY. With the confidence that readers will not do what I did simply because I did it, I wanted to provide a visual of…
We looked at the long-term support for silver in this morning's update. We also reviewed its still intact leadership to gold. Daily silver is hanging tough at the SMA 50…
ES (daily) has failed oh so logically at the downtrending SMA 200 (orange), bounced to test resistance, failed again and now grapples for support. This is a bear market chart…
Gold is still clinging to the uninspiring support area in the 1670s. As it stands now, the 'handle' consolidation/correction that I'd originally projected in 2020 has long since given way…
What does it mean that gold is tanking to new correction lows while silver remains relatively firm? Gold (daily chart) is on the very cusp of slipping the last ditch…
Of course it's just a man staring at a chart. But he's using visual support and a logical Fibonacci retracement level to gauge a very valid short-term target to likely…
The bounce is on from the low of 180. We have potentials in play for HUI to have bottomed at 180 (measured target off of the little H&S pattern was…
Let's use a talkative chart to explore something interesting. First a couple qualifiers... We'll exclude a large part of the chart, which was the 2009-2015 ZIRP (zero interest rate policy)…
[edit] take the RRG as a novelty. I think I just took the relative strength of a relative chart. Sorry about that. I just realized that RRG automatically measures any…
[edit] In the time it took to write this update the broad market turned red and I also notice that Treasury yields have backed off, so with respect to the…
The 30yr Treasury yield 'Continuum' is one of our more important macro indicators. Specifically, it has been an indicator of inflation tolerance or deflation fear over several decades. This year…