TSX-V vs DJIA ratio holding above 1 and 3 year moving averages. Good first step.
Toronto Venture is where resides most explorers and small cap mining stocks. An index breaking out will attract attention to it's constituency.
Monthly log chart. Zoomed in on bottom formation, which is having first violent explosion out of base. This is setups to look for...
Up 12% this morning, $NFG.v isn't waiting for metal to resume uptrend. It's on a mission... can this be the next Kirkland Lake Gold?
Silver bull cycle JUST started. Pullback completing on monthly chart. Expecting whatever monetary imbalances required to lift US equities, will also lift hard asset such as silver. Macro tides stronger than daily narratives. $spx $slv #debt #silver $gld
Inspired by using MACD on open interest and Large Traders Net, I'm observing a mix of bullish" analog setup.
TradingView is da BEST! I thought about adding MACD on the open interest and large traders data series. Trying to give some sense of where this is turning, and how the setup was when gold broke out previous times. Looks primed once again!
This is THE chart to keep an eye on for. Are the capital flows leaving US Equities in favor of Silver? Sure looks like it!
Open interest has declined sufficiently, reset to May levels, while silver is still perched at higher lows. This is GREAT inflection point to bounce up.
Very close to continuation move upwards for gold. Weight of evidence doesn't support a brekdown, but rather a tightening upwards of price action, until next leg up really starts moving along.
First warning sign is a monthly close below 1 year simple moving average. Until then, see pullbacks as corrections in a bull market, not reversals.
Lots of stuff going on here. First lead my arc's "reverse symmetry guidance. Angle of entry gives reciprocal energy on the way out. Helps establish target AND time to reach! Win-Win. Then add pivot lines (previous resistance turned support). Last piece of evidence, gold old fashion Stoch. Strong gains occur from bottom transition to top range. Enjoy!
"sneak attack from below the clouds" analysis. Don't need an insane repeat move from this summer, just a solid "standard" 28% move above breakout line to get that mythical 32$ target.
UBER bullish price action for Coeur Mining. Monthly close above cloud is GAME ON for entire silver complex!
Rule #1 Never go short when above inclining 1&3 year moving average Rule #2 Never go long when below declining 1&3 year moving average Instead, look for continuation move opportunities when max fear is rampant, always in a weight of evidence approach.
Come on now! 30 year real yields dropping -9.37%, bringing it on the UBER ledge of free fall...
Zoom in on 4 hour chart to spot silver's behavior, still close to strike zone. Coiled. Indicators resetting... note on wrong side of volume defined node (presently acting as resistance). #silver #gold $slv $gld #fintwit