Say, do you want to see what short covering into a market close looks like? It looks like this… It was fairly hilarious watching the
Yesterday we showed the ETF charts that were at bounce points (if they were going to bounce). Today GDX and GDXJ are up around 4%.
We noted in NFTRH 336 that these ETFs had short-term support levels lower than where the prices stood as of the end of last week.
I wanted to give you the latest snapshot of the precious metals as we wind down into the new year. GDXJ is breaking above a
With respect to the previous post… no neckline break as the last hour took a little off the top of GDXJ. Just a play-by-play FYI
Our furry friends are going to need to make a decision soon. That is because the still-intact bottoming (bounce) patterns we noted on GDX and
No folks, I am not a day trader! :-) But that does not preclude me from dialing in to short-term views, and a short-term view
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
Folks, first I’ll note that hedging the precious metals for me has often proven more aggravating than it was worth. That has been due 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
While the two charts below do not technically show a correction that is over, I have released the remaining hedges I had (via DUST) and
A slightly abbreviated Key ETF segment due to ongoing time commitments over the mid summer weeks. Just a snapshot in time, picking up where we
Well they sure don’t make it easy to get a hard read on things in the very short-term, but one thing we should remember is