The scenario envisioned in the NFTRH+ update last Sunday is coming about. "It" being gold. "Right here" being the support level at 4250-4300 currently being lost. The 38% Fib (not…
As per the in-day notes, the BPGM is pinned at zero. A level not seen since the bear market. As also noted, its SMA 200 can eventually grind its way…
As you know, I've had my eye on and been trading the software sector for weeks now. Trying to focus on capitalizing on unfair smack downs of stocks under the…
Sticking with the traditional order of things, as opposed to the caveat noted in NFTRH 918 that silver could bottom first and lead, the usual order is gold bottoming first,…
The elements in play are similar. Inflation fears in play, the Fed was tardy in 2022 to begin hawking. This time inflation fears (not really inflation, but that's semantics) have…
The previous update gave an analysis-backed opinion of the future course of gold stocks and the macro in general on a bigger picture. This update dials back to the 3…
We used a monthly chart like this for years while gauging the technical start of the bull market in 2016, on through several major corrective legs and rallies. We used…
In NFTRH 917 we looked at several indications of a frothy and increasingly manic stock stock market. That included a very subdued VIX (volatility index). However, when viewing the VIX…
While we wait for the Silver/Gold ratio to give a go-ahead or denial... ...its partner that we have used in the past is looking like it's giving a go-ahead. The…
While watching the Silver/Gold ratio for its signaling in the precious metals and wider commodity/resources areas, let's also update the would-be leader, silver. The daily chart, live in pre-market, made…
If it's going to bounce, this would be the ideal level. The stock market has barely begun to pull back, but the precious metals and other metals have led the…
With the continued breakout in Treasury yields (ref. today's entry #4 in the daily notes), the spike in the US dollar and what looks like a head fake in the…
We have been watching for an end to the correction in the complex, as would be led by silver. So let's update silver's status (as it gets hammered this morning),…
The Silver/Gold ratio exploded higher after a long post-crash base. "That is usually a sign that the basing phase is done and a up-phase is taking place." - Captain Obvious…