The futures are bouncing and this comes right from the literal last ditch technical point as shown in yesterday morning's update edits. There was literally no lower that the indexes…
See important edit below! Gold Sector I made a public post yesterday after the market closed that updated the HUI chart we used as a guide for support areas on…
Below is a chart from this morning's pre-market NFTRH update in which we laid out 3 levels to watch for on an over bought pull back. We had noted in…
I sensed people were getting antsy in wanting to buy gold stocks for fear of prices running away. That is why we had a couple updates noting the over bought…
Gold is doing this. Pretty impressive, isn't it? Gold is also doing this... In other words, it is not doing anything we did not already plan for. I don't want…
You may have noticed that I have written relatively little publicly about the gold sector over the last few years (we have covered it consistently in NFTRH to keep subscribers…
We have a target in the 70's by a bigger picture monthly (log scale) chart that we have been following consistently in NFTRH. The log scale helps us see the…
While routinely following the precious metals as one of many sectors in NFTRH, we have mostly left it alone with respect to public writing over the last few years. That…
The word play in the title is in reference to the ridiculous fuss over COMEX gold inventory and other promotions masquerading as fundamentals put out by cartoons masquerading as analysis.…
Yesterday we planned out the first short-term target on SPX as the area surrounding 2060, which had been bounce resistance in October and is so again. Let's expand 'surrounding 2060'…
I was out for the early morning and that is probably a good thing because any updating would have been meaningless with the payrolls report not yet released. I for…
US Stock Market SPX has now hit and exceeded 2100. This was the rough measurement of the 'W' pattern and with a +/- tolerance, the general upside limit of what…
Last week we noted the bearish pattern on GDX by a 60 min. chart, got head faked into doubting it on Friday and now, it has grown a second right…
Very simply taking a look at the 60 min. and daily charts of GDX, we find confluence with the original pullback target. 60 min. GDX is in a topping pattern…