NFTRH+; markets are ‘anti’ this key element
Interest rates have bounced since the big Payrolls report. These rates are generally supportive of USD when they rise and not surprisingly have been in correction for much of the…
Interest rates have bounced since the big Payrolls report. These rates are generally supportive of USD when they rise and not surprisingly have been in correction for much of the…
As noted in NFTRH 743, USD (DXY) finally took the hint from the Gold/Silver ratio (GSR) and bounced. Let's look at the leader first. GSR is testing the underside of…
I've been mentioning the seasonal low that Natural Gas tends to make in February. Here is the graph. If it were to follow this map it would make a low…
Gold is cracking below 1920 (currently futures are 1901). Silver is cracking out of consolidation below key resistance and also poking through the daily SMA 50 (currently futures are 22.95).…
Energy down. Copper/industrial metals down. Gold/Gold miners down. Makes sense. Only it doesn't and in the best of the bull it won't. But we have been managing a coming interim…
In that they are rallying with the broad global macro, gold and silver - along with the miners - are still nothing special. I expect them to be special in…
We have been allowing for, if not planning on a decline by GDX to fill its gap and the sector in general to test support (below 29 on GDX and…
In NFTRH 742 we noted the following with respect to HUI's daily chart support equating to a gap fill by GDX below 29... That would roughly equate to HUI in…
Here is a snapshot of what gold and silver are doing pre-US open. Also, pardon me while I experiment with a new post editor (actually, it's not new but I've…
Continuing the daily chart micromanagement of GDX, the horizontal blue dashed line would represent a fill of the lowest upside gap (at 33.42). GDX came within a hair of that…
You may have seen my public post about the Golden Cross stuff finally showing up at gold websites. Well, it's not usually a positive in the short-term. Yet still I…
Just because I happened to be working on the (weekly) chart and find the patterns interesting, I thought I'd pop the chart up here for your review. While sectors normally…
Admin Note I am glad a subscriber asked about a print function for posts (including online NFTRH reports and updates) because it got me kicking the tires of the website…
A quick view of S&P 500 futures (ES). It has failed at the logical area (downtrending SMA 200) three times since early December. There are positive breadth and leadership signals…