Gold & Miners vs. Stocks, Just Fine
The ratios of gold to stocks (SPX) and the miners to stocks (SPY) are still intact to the rally theme There are of course macro and sector fundamentals and nominal…
The ratios of gold to stocks (SPX) and the miners to stocks (SPY) are still intact to the rally theme There are of course macro and sector fundamentals and nominal…
In pre-market, GDX has broken through the SMA 50 (blue) at 38.02, and is making an attempt to fill the down gap from last week at 38.34. It did not…
[edit] Post now public, as I'll want to show aspects of the NFTRH premium service publicly, on occasion. For more public video content please subscribe to the YouTube channel! The…
GDX is filling the nearby gap this morning. If all remains relatively comfortable it would do this and test the rising SMA 50 before finding support. But there is a…
GDX has rebounded from the downside gap fill as some combination of Fed rate cut obsession and BOJ policy statements serve to spark the recovery across asset markets. So far…
Our target and objective for GDX has for many months been to fill the gap just below 40. Today's high so far is 39.15. If you are trading and were…
A brief video updating daily GDX and its pattern as a weak economic report guns the markets (and Fed dove hopes), gold stocks included. As noted in a post this…
Just a quick visual update on the daily chart pattern imagined in NFTRH 815 last weekend. If GDX holds below the SMA 50 and if this pattern is to resolve…
The daily chart Symmetrical Triangle broke upward, in line with its reputation as a bullish "continuation" pattern. In the May 9th update we noted that... "assuming this is not some…
As GDX breaks out of the nose of the Symmetrical Triangle, strongly hinting that assuming this is not some sort of bull trap, the long-standing target of 40 (+/-) is…
The daily chart of GDX is doing as noted in yesterday's update, as it fools around in the nose of the Symmetrical Triangle. This is a brief review of the…
We previously managed a short-term Diamond pattern (decision pattern) that decided to break down hard prior to just as hard a recovery. The prospect of the Diamond was first introduced…
The gold stock sector can get pretty upbeat in a hurry, in an emotional swing in the opposite direction of the previous disillusionment that had come over the sector. It's…
The daily chart of GDX dropped out of the Diamond, held in the first support area and is rising anew. This update looks at GDX status at what I think…