NFTRH+; Bounce
There is so much to cover in a weekly report that sometimes I cannot be as pointed as I'd like in my wording. Hence, in-week updates like this one to…
There is so much to cover in a weekly report that sometimes I cannot be as pointed as I'd like in my wording. Hence, in-week updates like this one to…
The other option I see in the daily charts of some of the sexy leading stuff is based on a potential pattern. Now, pattern recognition is another way of saying…
I've been writing the words "bear flag" pretty frequently lately with regard to the various bounces going on in some stocks. Below are a couple of pictures of bear flags…
The 30yr US Treasury bond yield has ticked the 2.5% to 2.7% target zone this morning. The big picture is exactly as we have been anticipating since the policy response…
From my Fidelity screen here is a picture of GTBAF (GBR.V) doing what needs to be done to undo the technical damage. Just two weeks ago I was considering taking…
[edit] After writing the below I realize it is not making any hard conclusions and does not necessarily even know what its point is. Consider it an exercise by one…
I added LHX (per the Trade Log) to get a little more diversity in the portfolios and being a chart geek, to see if I can coax a trend change…
Considering that everything but gold is in positive alignment with the inverse of the US dollar I'd say that if USD is not THE most important signpost to the current…
It's covering old ground, but I am getting geeked out on the USD (DXY) chart. This morning it has come within hailing distance of the 92.15 resistance target. Recall that…
[edit] Chart of DXY added below for visual effect. The world was anti-USD on the way up and as we've taken pains to note, it'll be anti-USD on the way…
Gold lost the upper support zone. No surprise there. Now comes the lower end but also please consider the channel bottom well down in the 1600s. Silver is trying to…
A super simple update showing that yesterday HUI dinged the 1st resistance level per Monday's update. So far that has held. Again speaking personally, I'd love to see a capitulation…
With gold and silver positive in pre-market a bounce we had thought possible if not likely prior to a final capitulation could come about. HUI (daily) has hit the upper…
[edit] Side note: the 10yr is not nearly in such a contrary setup and not being privy to the inner workings of the vast bond markets and the policymakers manipulating…