The iShares EM fund is breaking out, when factoring in dividends (which this chart does). The implied, divy-adjusted target is 48. When backing out the
We wondered in a post this morning whether USD or some anti-USD markets were off base as all items were firm. Answer: Uncle Buck had
As you may know, I have been bearish the Emerging Markets due to the big picture monthly chart breakdown by the MSCI EM index and
I am not going to pretend to have played this well so far. I have not. Since identifying the bearish pattern on the weekly chart
I want to update the charts from the last two updates (GDX, XLE and SPX) and also have some words about the markets overall. GDX
Using SPY for the US market and EEM for general Emerging Markets, I’d like to illustrate what I think may be in play on the
A snapshot of the current technical status of several key markets (a lot of charts today because macro changes seem to be in effect)… GLD
Gold stocks are down again today and it is now decision time (for the sector if not individuals). That is because the parameter is to
A snapshot of current technicals for key markets… GLD became very bearish with the breakdown from 124. A rise above 123 is needed to even
A snapshot of the current technical status of key ETFs… GLD filled gap, which now closes out the geopolitical hype and leaves gold on its
A snapshot of the current daily chart technical status of several ETFs… GLD is bullish but in the equivalent resistance zone as noted for gold
Key ETF charts are a snapshot to current technicals, not comprehensive technical analysis. GLD bumped above the lower end of resistance yesterday and is support
ETF daily charts are a snapshot of current technicals, not a comprehensive technical review. GLD has lost support after spilling out of the Symmetrical Triangle.
ETF updates are meant as a snapshot of the current technical situation, not a comprehensive technical review.