NFTRH+; US Dollar
DXY held the 50 day average and is bouncing from it this morning. The yellow box had identified a bounce pattern similar to the previous one from last summer. The…
DXY held the 50 day average and is bouncing from it this morning. The yellow box had identified a bounce pattern similar to the previous one from last summer. The…
The previous update simply talked about the daily charts of GDX and GDXJ. Straight up technicals. Let's put a couple wrinkles into the analysis. First, with respect to the often…
The daily chart of GDX continues to be locked in the correction's downtrend channel after holding the (green dotted) neckline. Below both the down-sloped SMA 50 and up-sloped SMA 200…
Just an FYI for anyone who may have taken interest per the original NFTRH+ update on January 26. TMQ is making its move to break the trend line (and the…
[edit #2] Some of these will require fishing with lower day or GTC bids, not buying the ask. Thank you to those who popped me some ideas on your TSX-V…
As you know, our ultimate target for the 30yr yield is around 2.5%, at which point we'll come to a major macro decision point between failure and deflationary liquidation or…
The 'V' is doing this, which I believe is a sign of excess (i.e. momentum) starting to layer into the reflation trades. The weekly chart is striking. Ah, but is…
BARFS? Get it? Hat tip goes to Joe if a successful trade/investment develops. Okay, moving along this is strictly a TA update on BRFS as I did only the bare…
Well, per the Trade Log I added SVM (to current holdings HL, SILV & MAG) today on the hard pullback, post-hype. Given silver's intact status and leadership to gold, as…
Silver thus far holds the key support area of 26 to 27.50. The moving averages are up-trending nicely and so the picture is still bullish. Gold is on the outs…
It's as simple as that. HUI is on a plan that includes if not favors a drop to the confluence of lateral support and the lower line of the downtrend…
With all the drama centered on silver lately, the boring old monetary metal can get overlooked. So let's update gold. The daily chart shows the most recent head fake that…
Silver ended up pounding through the trend line, which is less important than the 26-27.50 long-term support area and the up-sloping SMA 50. While the silver squeeze promotion was hammered,…
Very simply, silver is actually doing the right thing if we are looking for sustainability of the bullish move. It is pulling back to test the break above key long-term…