NFTRH+; BTC/USD
Today BTC/USD is making the move we've been waiting for in order to call it a bullish situation. It is taking out lateral resistance and the optimal buy situation would…
Today BTC/USD is making the move we've been waiting for in order to call it a bullish situation. It is taking out lateral resistance and the optimal buy situation would…
XLB is just now ticking off of its all-time highs on the reflationary joy fest that has engaged this summer. In doing so it has left numerous gaps down below.…
In looking at the chart of the 'inflation expectations' ETF (RINF, top panel) I notice its similarity to the the TIP/IEF ratio (middle panel) and dis-similarity to the TIP/TLT ratio…
This NFTRH+ update (now public) showed the bullish Ascending Triangle in AMD and plotted a pullback buy point at the top of the triangle, which was hit yesterday. This Stock…
A subscriber asked how far I thought GDX and GDXJ might pull back. Well, assuming a pullback continues after yesterday's gap fills I've marked up the short-term support levels at…
An update to provide a view of the cyclical, pro-reflation metal (copper) vs. the counter-cyclical risk 'off' metal (gold), and also the Silver/Gold ratio, which as we know hit our…
Hey, it's not all silver and the miners in the markets. For all the talk out there of Tech needing a correction here is chip maker AMD doing the opposite.…
The previous public post gave reasons for caution on silver. This update gives a reason for caution (and profit taking where desired) on silver, miners and the reflation trades in…
Well, that didn't take long. It appears that the red lateral resistance area will be approached sooner rather than later. It should be a point of caution, whether acted upon…
A review of targets we've already covered for the Silver/Gold ratio (SGR) now that nominal silver is breaking resistance and gaining notoriety among a wider array of casino patrons. To…
This morning's futures chart (daily) shows silver clearly taking out the minor resistance of the 2019 high. If the breakout is real (i.e. not a bull trap head fake) the…
Note: A reminder that I will be on the road today and tomorrow. So communication will be light at best. I'll be checking email occasionally. Copper (daily) dinged the round…
It appears that the downward market reversal on Monday was another sentiment resetting micro twitch after all. As noted, these happened fairly regularly in 2019. Inflammatory stuff gets in the…
Interesting charts this morning, pre-US open. Let's start with the metal that has been the star lately. That would be the good Doctor Copper. Daily copper took out what I…