NFTRH+; a Diamond Consolidation in HUI
The last Diamond consolidation we looked at was in the TSX-V/TSX ratio back on June 17th. "That said, the TSX-V/TSX ratio is in a Diamond consolidation pattern above support on…
The last Diamond consolidation we looked at was in the TSX-V/TSX ratio back on June 17th. "That said, the TSX-V/TSX ratio is in a Diamond consolidation pattern above support on…
Well, at least my Euro short (EUO) did well today. It will basically follow the chart of DXY below. I have been adding to the EUO position as a hedge…
This morning the copper price has ticked a new recovery high after successfully testing the 50 day moving average. It has tentatively poked through the round number resistance at 3.…
Fundamentally, Healthcare tends to be more resistant to a weak economy. Medical Devices, H/C providers, BioPharma, services, etc. In other words, it's less cyclical than the cyclical stuff. As a…
The monthly chart says "well of course it is time for a pullback" because we've plotted point C for a year now and it is clear long-term resistance. Yet still,…
The sight of gold getting whacked while good news envelopes the land is something those of us who participated in the last bull market (2001-2011) remember well. Frankly I am…
In-day micromanagement... GDX 15 minute gapped up to fill the upside gap from last week and promptly dropped again to fill the opening gap. Where does it go from here?…
There is a rotation going on out there. I am noticing some bad looking charts developing in the remote work/communication areas and Tech in general, while the more cyclical stuff…
Well, there goes another extreme upside target. We had copper to 3 as a 'best' target. It was registered, and has held as resistance. We had silver to 24-26 as…
Very strange indeed. One is smashing resistance and flashing 'reflation on' (among other potential things) and the other is saying err, no. When I first started managing the Silver/Gold ratio…
Since the SIL/Silver ratio is the one putting a hard test on its major uptrend (daily SMA 200), let's take a closer look at the current situation in relation to…
The way I view the current situation, in bullet points. The miners are fading the metals, and while this can be a concern I am at the moment coming down…
[edit] A chart was uploaded to the Trade Log Notes showing the GDX gap filled already. From a subscriber just now... Gary – Hate to ask it, but could you…
I know a lot of people are interested in the Uranium sector and so here's a look at the technical buy area for Cameco (daily chart), which got hammered after…