NFTRH+; A Sector Breaking Above key Resistance
Backing out the fact that the interest rate backdrop will always be in play with the Financials, taking the chart of XLF at face value we have a breakout in…
Backing out the fact that the interest rate backdrop will always be in play with the Financials, taking the chart of XLF at face value we have a breakout in…
Public readers, please don't construe what I write publicly as some kind of reco to short (I have been short XLF for portfolio balance and a contrary interest rate view).…
I have been increasingly bearish on long-term Treasury bonds due to developing sentiment and Commitments of Traders issues implying a contrary bear play and also due to the fact that…
This NFTRH+ update is emailed to the entire subscriber base (an earlier one was stock-specific and sent only to subscribers who've opted in for email delivery) because it is macro…
On the other side of the equation from the earlier GDX update, we have the bearish Financials ETF XLF, losing important support today. MACD, RSI and AROON are all down to boot.