NFTRH+; Market Update
I continue not to have much time to closely watch the markets, but I do have a few observations. Yesterday I noticed the Gold/Copper ratio was firm and today it…
I continue not to have much time to closely watch the markets, but I do have a few observations. Yesterday I noticed the Gold/Copper ratio was firm and today it…
Our target and objective for GDX has for many months been to fill the gap just below 40. Today's high so far is 39.15. If you are trading and were…
A brief video updating daily GDX and its pattern as a weak economic report guns the markets (and Fed dove hopes), gold stocks included. As noted in a post this…
Just a quick visual update on the daily chart pattern imagined in NFTRH 815 last weekend. If GDX holds below the SMA 50 and if this pattern is to resolve…
Just a chart thing. The Biotech ETF, IBB, is breaking out of a bullish pattern and it is doing it with volume. For perspective, and for a trade at least,…
Sign #1 is the Gold/Silver ratio ramming back upward after getting hammered yesterday. If it resumes its young uptrend from May there will be stress in many market areas, especially…
USD firms at support If the stock market led asset market mania is to continue, USD will likely have something to say about it, or at least something to say…
USD is down today, breaking below the daily SMA 200. But the reminder from the May 28th update: While it will not officially be a breakdown unless it takes out…
As Uncle Buck continues to play the 'will he or won't he?' (break down after the bear flag or break upward) game, an important inter-market ratio is saying that commodity/resources…
Because the market never seems to make things cut and dry in a convenient time frame, USD continues to rise off the test of the channel bottom and the SMA…
As to the USD decision point referenced in NFTRH 811, we find it continuing to weaken after pulling back from resistance. What's more, it is breaking down from the best…
GDX broke upward from the symmetrical triangle, as anticipated. It also broke the downtrend channel trend line, as anticipated. What it did not do is hit our upside target at…
Is this it? "It" being the long anticipated correction to clear the pipes of an over-bullish market? Perhaps for a final drive into or through the election? Maybe. Let's look…
It is a simple situation. USD (daily chart) is either in the bear flag that this looks like (rising for 5 days into resistance), or it is not. Giving support…