NFTRH; Key ETF Update

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 broke down from the Sym-Tri (strike 1), lost the June low (strike 2) and now would try to find support at the December low, equiv. to gold 1180.  Over sold, prone to bounce but technically bearish below 120 and 123.

(more…)

Comments Off on NFTRH; Key ETF Update

NFTRH; Key ETF Update

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 begin to repair this chart.

(more…)

Comments Off on NFTRH; Key ETF Update

NFTRH; Key ETF Update

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 own right at key support.  Still not a constructive looking chart.  A rise above the SMA 200 and then the 50 makes it constructive.

(more…)

Comments Off on NFTRH; Key ETF Update