Gold price is trending up vs. major global currencies The corrections will come to the nominal gold price, but a real bull market will need participation vs. all major currencies…
We have been tracking the correction in the US dollar (AKA the global anti-market) and its companion, the Gold/Silver ratio each trending down as broad market relief has finally taken…
The ratio of big Tech (QQQ) to the broader market (SPY) is in danger of making a secular top The log scale monthly chart (displaying percentage changes) shows a channel…
NFTRH 737 Merry Christmas folks, and happy holidays of all persuasions. Let's jump into an abbreviated, summary style report [edit: of course it did not quite go that way as…
The US dollar index (DXY) is dropping toward the 50% Fib retrace level Reference yesterday's post on USD. The next support (not visible on the daily chart) coincides with a…
The US dollar index (DXY) is bobbing around just below the SMA 200 to open FOMC week As always, there are a lot more analytical signals in play than just…
Any single indicator can fail to work at any time. It's why we use many of them to gain the weight of the evidence. But Commercial hedger positions in the…
USD is the anti-market. It has dropped to within a whisker of the main target, which is the SMA 200 and is now bouncing. The major daily chart trend for…
As the global counter-party, USD's recent failure has been the primary source of financial market cheer lately. But as usual, things are not so easy as defining a target, having…
Anti-markets (to a seasonal rally scenario) being the US dollar index (DXY) and Gold/Silver ratio, which signal lack of liquidity when rising together and sufficient market liquidity when dropping together.…
Relief provided by an easing October CPI 'inflation' report the trigger It was bound to happen sooner or later. October finally showed an easing comp in what most people think…
The USD index (DXY) is on plan to the October 28 update that stated... One option could be for a pop to the top of the channel, which would be…
The gold price (futures) has taken out resistance #1 at 1675 and is trying to take out 1700 as well. The next objective is around 1750. Aside from that, it…
The USD index (daily chart) is on the plan we laid out for it in an update last week. From that update... One option could be for a pop to…