The Stockmarket relation to VIX is inverse and strong. Biggest Stock market crash ever is coming in a not so distant future as you can see. Politics, world economy plays into this as well ofc but just based on this indicator alone u probably want to get out of the markets now. Insiders have been selling huge amounts the entire year.
Will the Dollarindex manage to hold this crucial level or will it continue down from hitting the top of its long term downtrend channel ( formed since 80's )
Here is the Eurodollar on the one week chart. It is overbought on stochastic and RSI. On the daily chart, Stoch and RSI seem to be showing some room for the possibility of a continued uptrend, but I do not believe that it is sustainable for very long. The pair is retesting major resistance that it has recently broken, and I do not expect it to break far beyond...
It is always worth a look at the gold-silver ratio. Currently, gold is 76 times more expensive than silver (per ounce). In the past, it has been shown that the area above 78 is an extreme area and can be used for trades. In this case, you would sell gold and buy silver.
Looking very likely. Bulls are jumping off the 100+200 Weekly MA, and we are seeing a bullish outside bar on the weekly chart. Indicating, that bulls are starting to get serious about moving higher.
Also notice this big bottom forming process the market is currently making, this is more likely to see a move to the upside.
Blessings to you all.
For the longest time we have stressed price action and 20MA on this monthly chart. Long-term view is still long with short-term bearish bias to end by mid-to-end Fall of 2017. Keep an eye on price in relation to this moving average historically...let us know if you think it's a bearish or bullish trend, we love to hear your opinion.
GDX and GDXJ has been practically dead for a long time.
However, when the time is complete and most have fallen asleep, the party will start.
That time is likely to be now.
I'm ready for the party. Are you?
Bought this mining stock in lithium , magnesium and silicium.
A pretty nice mining stock with being in it from its "start". Nice potential. News to this company fit in.
Bought at 0,664 € / share
This is another basic Elliott Impulse Wave pattern applied to a long-term long trade idea for Gold. This analysis is very similar to my Siacoin Elliott Wave idea but applied to a different asset class, so I've linked that idea in case you want to check that out and compare the two. This chart is over a 15+ year period and should be treated as a long-term...
My Gold /Silver ratio got seriously rejected from its multiyear resistance trendline and the ratio looks ripe to fall toward the bottom of the pattern.
Long Silver / Short Gold could prove a fine strategy until then.
Palladium reaches the former resistance at 830 USD. As long as price stay above 820 USD we have a good chance to reach 910-930 USD, the next resistance area.
Palladium hat im Mai deutlich Gas gegeben und ist über das April-Hoch gestiegen. Der alte Widerstand ist nun Unterstützung. Solange das Edelmetall über 820 USD per Tagesschlusskurs bleibt, stehen die Chancen...
Gold/Silver Ratio: AB=CD is almost finished!
Wait for NY close today and see if the price closes below 76.7.
If yes, enter short at 76.7( or lower), stop @ 77.7, profit @71.9( 38.2%AD).
Take it, you're welcome.
The gold-silver ratio is motivating me to look for bullish opportunities in the precious metals. Following silver's 17 days down in a row, I believe it is unlikely that it will erase this most recent rally it took from $16 after only reaching the .382 fibo retracement level. Instead, I think it has a date with the downward trend line around $18.2. The...
