NFTRH+; final gap filled
Just an FYI that SPX has joined its fellows NDX & SOX in filling its daily chart gap we've had on radar for the last several months. What comes of…
Just an FYI that SPX has joined its fellows NDX & SOX in filling its daily chart gap we've had on radar for the last several months. What comes of…
In NFTRH 704 we reviewed the shortest end, where the 2 year Treasury yield is nearing its decision point, whereby a continued rise in yields would indicate a bear market…
NFTRH 703 noted the buyable look of crude oil and bullish Natural Gas. This morning I added USO for these reasons... The daily chart, as noted in #703 The seasonal,…
With ref. to Wednesday's update, gold held at the first noted support level of 1872, reversed and bounced. The bounce has brought it right back to former support, which is…
The US dollar has been rallying for a year now, against the inflation trades and against the 'death of the dollar' cult. Uncle Buck knew that the Fed had to…
[edit] I am thinking about ways to bring communication with subscribers to a more intimate level, where I can be available to answer questions and subscribers can add input, etc.…
[edit] I wanted to mention that there are still many charts with intact trends. Personally, if something loses trend I have probably sold it and if something is not favored…
My wife: “You suck at vacation.” A few notes after Powell jawboned the market yesterday: The thing I find annoying about the market’s reaction is that Powell is merely stating…
The HUI/Gold ratio (HGR, precious metals 'internals' indicator) is still completely on trend after a not unexpected rough day for the precious metals. It is interesting to me that the…
Considering the flat out epic over-bearish AAII sentiment reading and the nearly as extreme Investors Intelligence, I decided yesterday to give this chart from NFTRH 702's Market Sentiment segment a…
With reference to the previous update, we got the gap fill (15 min. & daily chart) on GDX today. That is a good thing. It does not mean GDX needs…
Once again a little lower priority in-day gold stock management. GDX (15 min. chart) left an opening gap (up) this morning and then reversed to try to fill it. In…
The previous (public) post updates the ongoing sideways situation in the Copper/Gold ratio, one of our cyclical/inflationary vs. counter-cyclical dis-inflationary indicators. Here let's review the TSX-V (CDNX)/TSX ratio, which normally…
Very simply, the miners jumped at the open and left a gap. Now that gap is filled on the GDX chart. It's better to have it gone than still in…