Archive for month: March, 2017
I want to share just a few thoughts about the Precious Metals markets today. I've actually been doing some extra research all week long, because as I've been saying in each report this week, things are a bit out of sync. Some of the things that we are seeing are different from the normal activity that I usually see. Let's dig it...
Read MoreWe had a 1 day slam down in GDX & GDXJ on Monday, followed by a small, rather insignificant day on Tuesday. Wednesday actually saw a sell off and an intra-day change to a strong reversal. Now the question on many peoples mind is...
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Did we just have a 1 day slam down, reversal , and now we go higher like we saw in 2003? Or will there be further selling?
Read MoreAfter seeing the disconnect in Gold, Silver, and The Miners , I started digging in to see what I could find. It seems that the more that I dig, the more that I am finding. We'll discuss my findings after we review the other market sectors.
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SPX - We are due to drop into a dcl soon. The last one was very mild inside of a consolidation period and now we have a right translated daily cycle here, so I expect that we will see another higher high after our dcl.
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