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…
I have labored with this question for quite a while now. Would the Gold/SPX ratio hold support or lose it in favor of a fill of the February 'fear gap'?…
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…
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…
In yesterday's post featuring a weekly chart of the Dow (and an oh so distinguished gentleman) we noted among other things a double top that has formed. Let's dial that…
US markets are testing the short-term support zones as illustrated in NFTRH 625. SPX is settling into the first projected support zone at the EMA 20 and just above the…
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.…
Why, it's Semiconductors and big Tech. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed interim…
The leadership chain (SOX>NDX>SPX) is holding up this week on the daily charts. SOX/NDX has done the first thing needed to go bullish again and that is to authoritatively take…
The leadership chain is intact. SOX/NDX has remained functional. NDX/SPX has regained functionality. SOX/SPX is making a new high. Per this chart, as noted on Sunday in NFTRH 622, "this…
Why again do I not have the constitution to be a perma-bear? Dow counts 27805 reasons as it breaks through the EMA 20 and SMA 50. SPX has taken out…
A few pictures as we prepare to close out another wild and woolly FOMC week. While other markets, like the Nasdaq especially, are in a precarious situation the gold miners…