Here is just one picture from said whipsaw, and its an important one as a cyclical indicator; Industrial Metals (positively correlated to the economy) and
Tag: indicators
Amigo #1 (SPX/Gold) is Bouncing
With the big bounce back in long-term Treasury bonds (as yields got slammed right where the Continuum’s limiters projected they would) we have Amigo #2
‘Inflation Trade’ Balloon Gets Pricked
With reference to this morning’s post, yields are dumping, US Treasury bonds are getting a risk ‘off’ bid and the stuff that has gotten the
One Day to the Next
So yesterday market participants were instigated by the media to get hysterical about interest rates. I saw a prominent headline talking about how a market
Bonds, Inflation & Amigos
The Bonds segment of NFTRH 491 took a turn to tin foil territory to allow the letter writer to expose newer subscribers to his ideological
Semiconductor Sector Indicators Led the Correction
Amid the sick theater that has been the US political sphere and by extension, the stock market, I just tried to stay unbiased (in action,
NFTRH; Precious Metal Indicator Views & 3 Amigo Update
A few ratio indicators to keep an eye on as gold and silver continue to tank and the miners remain nominally weak. GDX/GLD ratio is
Public Chart List
I’ve had similar lists available in the past and to tell you the truth I am not sure what happened to them or why they
Market Update; HUI & Precious Metals Indicators
The bounce has materialized, as anticipated. This almost had to happen given the vastly improved CoT structure for gold, the over sold levels of the
Market Update
Amidst an economic backdrop in the US that continues to very gently decelerate, we have a celebration of what was perceived by the market as
NFTRH; Key ETF Charts
A snapshot of current daily technicals… Precious Metals GLD broke back above the first key support level. 120-122 will be a big test. A rise
NFTRH; Risk Profile
We have a developing potential for a stock market upside blow off on the table for reasons explained previously. With this update I want to
NFTRH; Key ETF Update
A snapshot of current technical status… GLD made a bearish breakdown below the equiv. of gold 1180. To even think about repairing the technicals, GLD