GDX dumped the 15 min. support area around 32.25 but is making a hint to whipsaw back above it. Classic shakeout? In doing this it is making a would-be hammer…
Super simple. GDX is fillling last week's gap up per the 15 minute chart (GDXJ is similar). This area carries lateral support and should hold or the sector bounce would…
A daily chart look at the progress of the simple macro picture we are tracking, the 30yr yield Continuum vs. the duo of USD and Gold/Silver ratio. The daily chart…
HUI's bounce has come to its first key level. Here resides the down-sloping SMA 50 and lateral resistance. This was the minimum bounce objective and it could halt the bounce.…
[edit] heading into the open DXY has taken back the SMA 50. FYI... Daily chart technical snapshot of some key items Gold is testing Friday's break above the SMA 200.…
![Read more about the article NFTRH+; a stock that looks poised [w/ edit]](https://i0.wp.com/nftrh.com/wp-content/uploads/2020/01/plus4.png?fit=256%2C256&ssl=1)
[edit] And just like that, the pattern is wrecked. Consider this chart watcher sucked in (and probably getting out). #WinSomeLoseSome Current holding VMW is attempting to break its bull flag…
We've been noting a Dow Theory non-confirmation in NFTRH over the last few months as the Transports have declined while the Dow has gone on to tick new highs. The…
With all due caveats about seasonal averages (these cover 30 years) and the variations from them in any given year, below are the facts of what these commodities have done,…
Quick pics and brief comments. SPX recovers to near an all-time high after a sentiment micro-twitch, NDX ticks a new high and SOX recovers above the SMA 50, regardless of…
[w/ corrective edit] Daily and weekly charts of the two gold stock ETFs. GDX daily kissed the SMA 50 and SMA 200 goodbye and then kissed the neckline to a…
The daily chart of HUI highlights times when the index has dropped either to a new correction low or lost short-term support in dramatic fashion immediately prior to a bounce…
As we ping back and forth between the summer cool down (w/ potential liquidation) and the view of a resumption of the inflation trades I want to make a point…
From the August 10th update, we discussed a bounce a coming bounce in GDX as a short/hedge opportunity for those who would short (I'd had multiple emails asking about shorting…
Gold is bouncing from the deep drop to test the previous lows in March. Note the word "bounce" because it will not be anything more than that unless it takes…