During the update I watched GDX go from slightly negative to slightly positive. I literally talked myself into taking the profit on gold miner short, DUST. The correction is likely…
Back to the 2 Horsemen, we find horseman #1, USD now technically having broken the daily trend, setting it from down back to up. This joins the longer-term trends, which…
The US dollar index is pushing its limits to little surprise. The Gold/Silver ratio is lagging in a negative divergence. If USD is leading GSR the latter would probably make…
I am a little gun shy on video making until I can confirm why the SPX chart and audio were out of sync on the previous update. I think it…
The S&P 500 is on track to our original plans in that it is currently testing the first key level, which is 4300 (+/-) at the August high. Lose that…
The gold stock ETF is reviewed on daily and weekly charts from the perspective of the bullish and bearish near-term potentials, with a little fundamental discussion The last video was…
[edit] I just realized that I never made this post private! Oh well. Updating the daily charts of GDX, gold, silver and the US dollar index. Man pulls up charts,…
GDX now has the potential to form a mini Inverted Head & Shoulders bounce pattern Last week we noted a small Inverted H&S that wasn't, on GDX. This week it…
The US dollar index (DXY) is holding firm in its rally that could trap USD bulls or reassert the USD bull market. In my opinion, the best way to tell…
The first is obvious. The US dollar index continues to push the limits. The limits being the last restraints to keeping it in a daily chart downtrend. When recalling that…
This week will be noisy. There will be a GDP revision if applicable, ADP employment, PCE index, Payrolls and ISM manufacturing data. The Fed's Bostic will also eat a mic…
Well, it is dramatic to a nerd like me. Those of you with reasonably normal lives may have other things to see to. With reference to yesterday's update, interestingly, the…
As the US dollar index ticks a new cycle high, pressuring target zone #2... ...the Gold/Silver ratio is weak, and thus not confirming USD, at least from the perspective of…
A short and simple update this morning. The 10yr-2yr yield curve is ticking a new high off of what I believe is secondary extreme inversion to the one from March.…