Q4-Q1 plan engages
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…
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…
Back to the daily chart of USD (DXY), note the potential for a downtrend channel to be forming off of the latest drop as it tries to muster a bounce.…
USD (DXY) is cracking the SMA 50 today after making a lower high and a short-term double top. As noted previously, the next objective is the 108 area. This could…
USD (DXY) has pulled back to the SMA 50 (110.71), which is the first important area to watch, with short-term lateral support (110.25) just below it. USD is in an…
A short 'FYI' update on USD (DXY). To review, in September USD halted at the resistance cluster from 2000-2002. It held support at 110, bounced to test the previous high…
Silver apparently thinks that it can get the shorts covering ala #silversqueeze. And I am sure a lot of them are running for cover. The important point here is that…
The negative divergence (to USD) in the Gold/Silver ratio (GSR) we've been discussing lately is intensifying. And if it's a negative divergence to USD, it's a positive one for most…
USD is the anti-market, which has been hammering asset markets with its liquidity bid. The confirming indicator over the last several months as been the Gold/Silver ratio, which has established…
The US dollar and the Gold/Silver ratio are bulling together... And per the Seinfeld bad chicken episode, "that's not gonna be good for anybody." https://www.youtube.com/watch?v=Lo-Ul0tWHpg Here we see Uncle Buck…
If you are like me you may have had some measure of mental macro whipsaw recently as the short-term signals bounce from disinflationary/Goldilocks to inflationary and back again. Fairly annoying.…