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.…
It seems like forever ago we set out on the correction with an objective and target of filling the 'sub-28' gap. Today GDX is a tick away from doing so…
The US dollar is not taking up the hype on the retail sales beat that theoretically implies a still hawkish Fed. It resides where we last left it, testing objective…
Yesterday we reviewed still-cautionary signals. Today, let's check out an important one that may be turning positive for gold. Here is the 10yr-2yr yield curve, still inverted within its flattening…
Lately we have been noting that the fundamentals for gold and especially gold stocks have been bad and getting worse. I am trying to streamline weekly reports and not clutter…
I have a hunch that the USD question (bounce turning into a real bear trap and rally or imminent failure?) may get some solid evidence tomorrow morning when July Payrolls…
The very fact that I am producing my Men Who Stare At Charts shtick means that I am practicing "pattern recognition", staring a would-be pattern that could be a Head…
[edit] I am doing some selling, regardless of what USD is doing. If items held start to look suspect in their own right, or do not fit the balance I…
As originally anticipated could happen (ref. July 19 video update, regarding the initial clear resistance/breakdown area): "USD can break through it, test the SMA 50 and still remain in a…