Notes From the Rabbit Hole, #840
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…
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…
In NFTRH 839 we noted how important the 50 day averages would be in the precious metals. Especially for silver, which unlike gold, has bullish Cup & Handle pattern potential.…
NFTRH 839 Summary US Stock Market: SPX target is 6180. No change. Speculative forces could easily cut through that. Risk is nose-bleed high and our current operating time target is…
Well, in NFTRH 838 I noted that my hold on the DUST miner hedge was probably tenuous. But today, the USD is proving that the holiday week moves were indeed…
Some internal market perspectives on this holiday week. The US dollar index is down today, testing the breakout support area at 106. Yet the Gold/Silver ratio is strong, in a…
Gold's fundamentals are intact, with one "great" exception Edit: This post is critical of Trump's oncoming economic policies and the idea of his "Make America great again" jingle. But I…
NFTRH 834 Summary US Stock Market: It is here. The time target is Tuesday (+/-). The SOX > NDX > SPX leadership chain is nearly broken and most indicator signs…
NFTRH 833 Summary (per last week unless otherwise noted) US Stock Market: Late stage bull market, as has been our projection all year. Very high risk per multitude of indicators…
The US dollar index rammed through the target at the 200 day moving average, calling into question the current plan that favored this to be a counter-trend, short-covering rally by…
Our script was "to or through the election" for the broad bull, with a Goldilocks (disinflationary) flavor to it indicated by a counter-trend pullback in bond yields. In an NFTRH+…