On Feb. 12 we NFTRH+‘d Germany (and Europe in general) and assigned a target to EWG using a daily chart. Here is EWG weekly, trying to get through resistance after doing some good work. Key to this would be the currency relationships going on with Uncle Buck and the Euro. EWG would rather see a weaker buck than say, the hedged Germany fund DXGE. Same … Continue reading Germany iShares, Weekly
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. Last week it was at the 62% Fib retrace and this week that is in the rear view window. Still bearish.