I added back Biotech related DVAX yesterday, noting a short-term bottoming pattern (trade log): "As for the chart, the daily has a little hint of a short-term bottoming pattern if…
The downside target for SPX has been 3200 +/-. It closed at 3678 yesterday after a bounce. This morning the futures (ES) are up 2.22%. Could the bullish plan, as…
A short 'FYI' update on USD (DXY). To review, in September USD halted at the resistance cluster from 2000-2002. It held support at 110, bounced to test the previous high…
[edit] And just like that, as mentioned might be the case below, markets have reversed. Precious metals stocks are not unique here, however. It's all reversing. Stocks, commodities and precious…
From subscriber Michael, who cannot comment on protected posts due to a glitch caused by the interaction between his and my Wordpress accounts... Sorry, I still can't post on protected...this…
[edit] It's a majority of the way through the day and while the miners are slightly positive volume has not ticked up. At some point on a theoretical right side…
Gold (daily chart) halted right where it was logical to halt, at the SMA 50. Now it needs to hold the EMA 20 (1698) and the associated support, which goes…
Nothing is set in stone, including the 30yr yield stopping at our 4% upside target. That said, if you're going to have targets and chart based road maps, it's best…
Silver apparently thinks that it can get the shorts covering ala #silversqueeze. And I am sure a lot of them are running for cover. The important point here is that…
The negative divergence (to USD) in the Gold/Silver ratio (GSR) we've been discussing lately is intensifying. And if it's a negative divergence to USD, it's a positive one for most…
One of the scenarios for a higher low on the HUI monthly chart is a dump and reversal similar to 2016. The other scenario, all within a positive risk/reward is…
I went to my small trading account and was surprised to see it green today despite my short against DBC. TSLA is getting hammered on reduced sales projections. That leaves…
USD is the anti-market, which has been hammering asset markets with its liquidity bid. The confirming indicator over the last several months as been the Gold/Silver ratio, which has established…
As part of this 9/27 update showing upside gaps in several markets, we included GDX. We also dialed in to GDX with a 30 min. chart, including it in the…