NFTRH+; Rationale for Adding This Agricultural Commodity
[edit] On a quick look, Soybeans appear to be in a similar low risk setup. I am going to look into it further, and SOYB may also be added if…
[edit] On a quick look, Soybeans appear to be in a similar low risk setup. I am going to look into it further, and SOYB may also be added if…
It is just one way of viewing the bull market, but the relationship between T-bill yields (Fed Funds proxy) and the HUI Gold Bugs index is an important one. We…
First off, I don't love that a majority of CME traders now expect a 50bp cut today, because it leaves wiggle room for the Fed to serve agenda, should it…
The previous update covered the short-term situation, using GDX. This update will cover HUI daily, weekly and monthly charts as a reminder to our goals for this rally. First, HUI…
In pre-market, GDX has broken through the SMA 50 (blue) at 38.02, and is making an attempt to fill the down gap from last week at 38.34. It did not…
[edit] Post now public, as I'll want to show aspects of the NFTRH premium service publicly, on occasion. For more public video content please subscribe to the YouTube channel! The…
I am not telling you anything you don't already know when I write that the market will be watching tomorrow's August Payrolls data closely. While I have no clue if…
The US dollar and Japanese Yen are, in my opinion, the two most important currencies to use as tools for defining the global macro situation. USD, especially, on the larger…
From NFTRH 825: But I do like to keep tabs on the Canadian TSX-V for its indications on the speculative ends of the commodity/resources trades. If we who would prefer…
GDX is filling the nearby gap this morning. If all remains relatively comfortable it would do this and test the rising SMA 50 before finding support. But there is a…
From NFTRH 825: Speaking of silver, the weekly chart is as it has been. The pattern breakout has loaded a target of 35. First the current corrective move needs to…
TSX-V technicals, daily chart Canada's junior index has invalidated my original Head & Shoulders projection, which was a normal head with two shoulders. The index may still get to the…
A technical snapshot of the status of the Precious Metals sector. Gold (daily) is doing normal work in pulling back to test the first level of short-term support after getting…
A daily chart update on the 3 main items. SPX is looking for support at point 'B'. After that there is a gap (not marked) at the next support area…