
NFTRH+; a nice chart that is right in the wheel house of the preferred macro view
Even as silver continues to lead gold, check out gold (GLD) vs. SPX (SPY). The pattern is an inverted H&S, which would be a bullish reversal if it continues to follow through. Not a fan of patterns (they fail all the time), especially on ratios? Well, the relative price has broken to a new recovery high after the August breakdown low. What’s more, it has … Continue reading NFTRH+; a nice chart that is right in the wheel house of the preferred macro view