DUST 60 Min.
DUST had a look of bearishness to it, which would have gone hand in hand with a bounce in the gold stocks that I have been more expecting than not. …
DUST had a look of bearishness to it, which would have gone hand in hand with a bounce in the gold stocks that I have been more expecting than not. …
First off, here is miner 3x bear DUST again with the 60 min. chart getting its bearish look compromised as it rises above the right side's would-be shoulder. This is…
Checking back in with old friend DUST hourly. Still no resolution as it levitates within a pattern that still does not look pleasing. If it proves unpleasant for DUST, it…
Still ugly, still non-activated and still theoretically targeting around 22. I tried to short it the other day and there were exactly 2 (T.W.O.) shares available to short! Then yesterday…
The hourly chart of 3x Gold Miner bear DUST looks bearish to me. If the pattern becomes activated it would target the little gap and lower, down to 22. It'll…
Below is the opening segment of this week's edition of Notes From the Rabbit Hole, NFTRH 353. After this theoretical exercise we got down to nuts and bolts analysis, which…
In an update on Monday we noted the following using a weekly chart of HUI... Here is the blown up view (again, no pun intended) of weekly HUI. I have…
Here is the blown up view (again, no pun intended) of weekly HUI. I have added a downtrend channel (intersecting the 110 area, +/-) for a view of where a…
The summer correction came and it lasted exactly one day!
Well, that is hyperbole because what really happened was that a market that was sagging and losing momentum was shoved downward in one great, noise-filled plunge as some indexes reached initial support targets that we were noting.
In the screen shot intro for NFTRH 347 a couple posts ago it was noted that the short position in NUGT was covered. Profit was taken on the short amidst…
Here is the note from the email to subscribers that accompanied the full report... "I thought is was time to bulk up a bit to a 30+ page report this…
Following is a reprint of the latest free eLetter that you can sign up for as an introduction to Notes From the Rabbit Hole (NFTRH), our more in-depth market management…
A few relevant charts to the still-bouncing gold sector... HUI-Gold ratio holds above the SMA and EMA 50's. The 10yr-2yr spread is above the MA 50's. Gold vs. Stock Market…
Stock Markets
Interesting developments in the markets this morning. Apparently momentum-fueled markets are getting knocked down by some hype from China pertaining to authorities allowing shorting of Chinese stocks. That is not fundamental to anything, but it is a shot across the bow to over confident bullish momentum players the world over. In true momo fashion, they are knee jerk selling in response.