NFTRH Interim Updates

NFTRH; Gold Macro Fundamentals

With NFTRH 290’s 29 pages, we did not get to the gold macro fundamentals segment this week. So I want to put up a brief update to go over a few charts.

Comments Off

May 12, 2014

Note: To keep unwanted clutter out of the in-boxes of those not interested in trade ideas NFTRH+ updates are no longer being emailed. They are posted at the site and accessible using the password for the current week. On Monday an NFTRH+ idea was presented for the NDX.

Comments Off

May 7, 2014

NFTRH+, Nasdaq 100 Trade

*Note, I am going to post NFTRH+ dry runs at the site using the password for the week, but will not send a direct email, so as not to clutter the in boxes of those who are not interested.

Comments Off

May 5, 2014

Update; Precious Metals

A post was made at the site with thoughts about any Ukraine inspired bullishness in the precious metals. You know my stance by now. I don't like it. In light…

Comments Off

May 2, 2014

NFTRH+, Silver Trade

With silver heading to a break down or break out decision in the coming weeks and with its price down hard today, those bullish on silver and looking for buying opportunity could be buying today. It is hard to buy silver now, and that is probably the point.

Comments Off

April 30, 2014

Update, Key ETF Charts

A reminder that below is a snapshot of current ETF status, not a comprehensive technical review.

Comments Off

April 30, 2014

NFTRH+ Trade Setup: SNY

Non-traders or those not interested in this type of trade please disregard!

Continuing the idea of dry running and refining NFTRH+, here is an interesting chart I came across for French Pharmaceutical company Sanofi (SNY).

Comments Off

April 28, 2014

NFTRH+ Trade Setup, SIMG

Drying running another potential trade. The previous NFTRH+ 'dry run' trade, CORN, is going well. I still hold it for now, but it is profitable folks. Remember, there will not…

Comments Off

April 25, 2014

Update; Clear Objectives for GDX, GDXJ

GDX held neckline support after spiking below the bear flag’s origin point and is filling the downside gap off of the bear flag breakdown. If this rebound is more than a fleeting thing it will get through the SMA 200 (red) and eventually make a higher high above the early April bear flag top.

Comments Off

April 23, 2014

Update; Market Review

There is a problem with biiwii.com’s server this morning and I was unable to do the Wednesday morning Key ETF update without constant interruptions. In its place this week we’ll simply go with a general update by email.

Comments Off

April 23, 2014

Update; Precious Metals

HUI has declined to 215 and made a marginal lower low from the start of the bear flag in the 216’s. We had been anticipating 210 as the critical support to a bottoming scenario. So, given the proclivity of this sector to test limits, let’s keep that alive.

Comments Off

April 22, 2014

NFTRH+ Dry Run; CORN Trade

Just getting comfortable with the format. Please dear non-traders, tune out these updates. As noted in NFTRH 287, CORN was dropping toward a lower channel line. This morning what I…

Comments Off

April 21, 2014

Update; Key ETF Charts

A reminder that ETF charts are more a snapshot to current status than comprehensive TA. Also, to save time the MACD (which is usually noted as green (positive) or red (negative) will be colored blue in ETF updates going forward. The relevant point to the color coding is whether MACD is above or below zero. Also, RSI is added and the charts have a new format.

GLD broke down from an unimpressive short term uptrend (low relative ‘up’ volume), keeping the long anticipated support zone in play. That support zone is quite important. GLD is neutral-bearish, but with a potentially bullish pattern.