Notes From the Rabbit Hole, #845
NFTRH 845 Summary US Stock Market: To the surprise of no one, SPX bounced to negate the small H&S pattern's neckline. The decision point is the right shoulder. See US…
NFTRH 845 Summary US Stock Market: To the surprise of no one, SPX bounced to negate the small H&S pattern's neckline. The decision point is the right shoulder. See US…
Following up yesterday's video update on the precious metals, this morning we have continued improvement to the point where the PMs are on the verge of breaking the correction in…
As we settle in to 2025, as previously noted I want to up my game in a few areas. One of which is to do more videos, both in updates…
First an admin note related to the opening note in NFTRH 843: I have heard from several people in response to #843's opening segment expressing concerns about too much trade…
The US dollar has halted while the Gold/Silver ratio has another day of slippage Because the relationship between these two (correlated or not correlated) and the direction they go when…
US dollar index up, Gold/Silver ratio down Nothing is resolved in this joint indicator, but as 2025 opens there is a daily divergence between the two. The implication of USD…
2025 begins with our plans well in motion for a stock market top and important changes to the macro This article attempts to put clearer words and images to the…
As we work through the Santa seasonal and into the post-tax loss January effect *, the S&P 500 lurks below the target of 6180 (currently 6020 after having hit a…
NFTRH 841 Holiday Editions This week and next, during the Santa seasonal, we compact NFTRH reports to a briefer, more focused format and discuss the most relevant topics, given that…
Jerome Powell: "I think it's pretty clear we've avoided a recession" In response to a media member, who at Wednesday's post-FOMC press conference, asked Jerome Powell if he thinks we've…
NFTRH 840 Summary US Stock Market: SPX target is 6180. No change. SPX rolled over a bit last week within its bullish trend and Tech and Semi used some happy…
The US dollar index (DXY) is still in consolidation Along with other indicator related considerations like the Gold/Silver ratio (GSR), the US dollar index (DXY) is likely to inform the…
I have drawn another version of the USD bull flag on the daily chart. It is in the form of downtrend channel (parallel black dotted lines) that could become the…
Yesterday we noted in an NFTRH+ update: Right now it [silver] is at clear resistance. Meanwhile, the Gold/Silver ratio is nesting on its SMA 50 & 200 and is neutral…