Public posts

GDX Gold Miners ETF, Daily Chart Updated

GDX, the Gold Miners ETF, faces its first clear resistance Oh how long we have used this chart to guide into and out of rallies and corrections in the gold…

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US Dollar Index (DXY): Objective #2

The US dollar index has exceeded objective #1, will now test #2 It's pretty simple, the US dollar has been bearish on the daily chart time frame since dropping below…

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Checking in on the Canadian TSX-V

Canadian TSX-V is holding support Note: this is Friday's close. Da 'V' is not trading today due to Canadian holiday. The Canadian TSX-V is holding the 50 and 200 day…

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July Payrolls, +187,000

July Payrolls came in light, Hazel attempts to frown but her grotesque smile still lurks beneath The estimate by economists for July payrolls was +200,000. It came in light. So…

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Commodities and the 30 Year Treasury Yield

Commodities and the 30 year Treasury Yield 'Continuum' Commodities are usually well aligned with inflation signaling from the bond market (nominal yields, yield curves, inflation expectations, etc.). My current views…

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FOMC Week and USD

FOMC week and USD are intimately tied together An answer should come this week about the near-term fate of the US dollar index (DXY). And from that answer will come…

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