We have shown how the US stock market and the inverse of the US currency are not so strange bedfellows. But there is one former bedfellow who is now strange…
I have been noting that the HUI/SPX ratio can lose the SMA 200 and still be okay as long as it makes a higher low to June, a loss of…
Broad Markets As noted this morning to subscriber R.D. who emailed talking about the rotation to value and how it appeared machine driven. R.D.... It does seem obvious to me…
First, the VIX, which has gotten clobbered on whatever is making the markets feel good today. I added some VIXY back yesterday as a vol. hedge, but obviously did so…
A few pictures of upside gaps filling on various indexes, as we speculated might happen on the short-term. HUI is going for the gap just above 330. The keys to…
In bouncing to the daily EMA 20, HUI has filled an upside gap. There is another just above 330, which can fill as well. We can allow for a test…
After a well deserved correction of nearly 3 months the gold stock sector is still flashing positive signs beneath the surface, as the correction matures The correction that began in…
[edit] Please excuse the chart, which does not agree with what I've written. In my haste I did not adjust to the fact that the SMA 200 has risen to…
HUI is on the bear flag plan after failing to rise above the SMA 50 and S/T lateral resistance. The best technical target continues to be around the SMA 200…
Gold, silver and the miners are and have been in consolidation/correction. US stocks are and have been bullish but at high risk. Here's the current technical situation using daily charts.…
Maybe a little too much detail, as the TA novelty known as the Andrews Fork makes an appearance. But here is the story that the bigger picture weekly view of…
Well, NFTRH 623 ground out its analysis about a grinding market, including the bear flags that were flying in the gold miners last weekend. They seemed almost too obvious per…
On 9/24 using the daily chart below we noted... "A simple chart showing HUI in lock down below former support, now resistance. It’s bouncing today but that means little until/unless…
Gold, silver and the HUI Gold Bugs index are viewed here by their big picture monthly charts. In NFTRH we use mainly daily and weekly charts of these along with…