NFTRH+; USD (DXY) & GSR status [w/ edit]
Today I added another EUO position, which is in essence my strong dollar position [edit: also added strong dollar fund UUP in after-hours]. The reason being that USD (DXY) is…
Today I added another EUO position, which is in essence my strong dollar position [edit: also added strong dollar fund UUP in after-hours]. The reason being that USD (DXY) is…
Well, inflationary signals are back on to varying degrees, if not the reflation trades across the board. The inflation rate continued to climb in June. This as our indicators had…
A simple update of HUI's daily chart. Why do I stay on top of this lowly sector? Because when the macro turns it will be special once again. With the…
The sentiment backdrop is far different in long-term bonds now than it was when rates were rising and we projected a cool down in yields/inflation, and a favorable sentiment backdrop…
Since a micro version of the right backdrop for gold and the miners that would leverage that backdrop is in play now it is time to review our (well, my)…
A super simple update to explain why I added the Wheat fund WEAT, per the Trade Log. First, there is the chart tapping the SMA 200 within an uptrend. The…
It's as simple as that which was 'anti' when the inflation/reflation party was ripping is still 'anti' when the party is over (at least temporarily). When markets liquidate - to…
A look at the 30 minute chart of GDX shows a normal pullback to fill the opening gap. With Treasury bonds rallying and reflation-sensitive stocks and commodities pulling back it…
We used the 30yr yield Continuum to project a pullback in the inflation/reflation trades and associated inflation hysteria as the yield approached 2.5% back in late winter. We then planned…
The bad news is that both GLD and SLV have filled the most recent down gaps. The good news is that they both also have gaps still open well higher.…
While USD is short-term bullish I want to also respect the main theme, which has been for inflation to cool during this period, not to be banished. I posted a…
If they are going to bounce in the short-term, they could do it from here. Gold is at lateral support on the daily chart and is oversold. As a bonus,…
HUI is oversold, sentiment has been pushed down and here we have a little daily chart hammer candle (potential reversal candle if it holds up). This index can bounce at…
USD (DXY) is pulling back after last week's FOMC event and is right at the 1st level of support at the SMA 200. If I was right in the June…