NFTRH+; SLV/Silver short-term objective [w/ edit]
Silver (SLV) has formed a little inverted Head & Shoulders pattern with a measurement to around 23.25 that would fill the gap (down) in May at 23.16. If it plays…
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June 7, 2023
NFTRH+; watch these parameters on silver
While the chart of silver does not show gaps and is breaking bullish (having taken out the key 22 area resistance once again)... Silver ...the chart of SLV shows a…
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March 24, 2023
NFTRH+; Silver (again)
I added SLV in after-hours based on Silver (futures, weekly chart) proximity to the clear support zone from 18 to 18.60. I prefer the metal to the miners at this…
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July 6, 2022
NFTRH+; Today’s market
Quick pics and brief comments. SPX recovers to near an all-time high after a sentiment micro-twitch, NDX ticks a new high and SOX recovers above the SMA 50, regardless of…
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August 23, 2021
NFTRH+; A little GLD & SLV micromanagement
The bad news is that both GLD and SLV have filled the most recent down gaps. The good news is that they both also have gaps still open well higher.…
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July 1, 2021
The Public No Longer Loves Itself Some SLV
Sentiment is being addressed in decisive fashion in silver/SLV For the record, I tested the play in spite of my gut telling me these clowns were leading lemmings to the…
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February 3, 2021
NFTRH+; In-day Snapshot of the Silver Operation
Chests were thumping and endorphins were releasing on Twitter, as if it were a done deal. Well, the deal is not done yet. But if we are going by the…
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January 29, 2021
NFTRH+; Gaps Filling, Parameters Noted
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…
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November 3, 2020
NFTRH+; a Simple Update on Silver
I added SLV in after-hours trading due to Silver's drop to, and hammer at the 50 day moving average. The major daily chart trend (SMA 200) is up and if…
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January 29, 2020
Gold and Silver Prices in Bear Flags
It's all according to the favored view of an ongoing grind of a correction, thus far expressed more in time than in price (although gold has ground off 100 bucks…
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November 21, 2019
Sucker’s Gap in Silver
That thing on Monday had me a little perplexed for a couple of reasons. First, there is the CoT for gold and silver that had been stretched to a degree…
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September 25, 2019
Silver Bullet Breaks the Moving Averages
It's been years since I've cared much about silver but at the May lows I cared enough to initiate and then add to a position in SLV. It's not ownership…
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June 7, 2019
vs. SPY
A few interesting pictures 'vs. SPY'... Gold miners have risen vs. SPY since early September. Treasury bonds, hated by absolutely everybody (except maybe readers of this website) in September have…
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December 20, 2018
Short Silver Because…
I took a short on silver on the big pop this morning because a) the implications of weak CPI and Retail sales favor gold over silver, but silver popped harder…
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June 14, 2017