Last week we noted that SLV was breaking a trend line. Among that and other bearish indicators, the Silver-Gold ratio had been holding out as
SLV could be forming a Hammer candle, which is normally a reversal, which would paint the trend line break as a whipsaw prior to reversal.
Part of my job is to tell you what the charts say and this chart says that SLV is breaking down from a trend line
Policy, Profits and Propping… that is without a doubt the underlying fundamental support for a massive and growing phase of market speculation that becomes more
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With the precious metals strong in pre-market, it is helpful to take a current snapshot of the daily technical situation for perspective.
Putting aside the pre-market drop in precious metals, we’ll review the charts as they stood at yesterday’s close. GLD is neutral, with a bull signal
The Key ETF daily charts remain on the same signals as the last update. Precious metals are neutral, US and Euro stock markets are bullish
Ever since the current (final wave 5?) leg in the now 4 year, 7 month old US stock bull market generated in November of 2012,
GLD is dealing with the SMA 50 after breaking the trend line and triggering MACD. Neutral, pending a climb and hold above the SMA 50
I first became activated to start a website in part because of David Walker, the former top financial cop at the GAO. Something was terribly
GLD is MACD trigger up, on a trend line breakout and at the SMA 50. Balance of data points is a neutral signal. Bull signal
A quick update on the status of the weekly view of HUI and its projected ‘W’ or ‘IHS’ bottom as noted in this week’s letter.