NFTRH Update; Words and Charts on Gold & Gold Stocks
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…
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…
The 2020 to 2060 zone has been noted as a logical area for active bears to begin shorting. SPX closed at 2033 yesterday. But people should refuse the bear Kool-Aid…
As this chart shows, USD has no further to drop before it makes a lower low to September. What that also means is that there is a risk of reversal…
NFTRH 364 talks about 'comps' 1, 2 & 3 for the current S&P 500 situation. Those would be the bearish 2001 and 2008 and the ultimately bullish 2011 one. We…
On Tuesday we reviewed the constructive looks of gold stocks (GDX), energy (XLE) and the US stock market (SPX) by daily charts. In NFTRH 363 we noted that GDX had…