Technical Analysis

GoldCore's picture

Gold Market Goes Quiet - Do We Hear The Echo Of The Bottom?

“From the mass psychology perspective, Gold is very close to putting in a bottom.  Sentiment investors, contrarian investors and investors who are familiar with the concept of mass psychology should consider taking a closer look at the precious metal’s sector now”.

Phoenix Capital Research's picture

Could Stocks Collapse 20%-50% in the Next Six Months?

This signal has triggered four times in the last 20 years. Every time it did stocks lost between 20% and 50% in the following six months.

Tyler Durden's picture

Major Market Index Fails Key Test

The blue chip Major Market Index failed to recapture a key breakdown level. Recently, amid the sharp post-September rally, the XMI returned to “kiss” the underside of the broken trendline. This was no happy reunion, however, as the result was a clear and precise rejection of price by the trendline.

Monetary Metals's picture

A 14 Handle on Silver. Again. 8 Nov, 2015

Last week, we asked if silver would have a 14 handle again. This week, the market answered yes we can! How did we know? By looking at supply and demand.

Tyler Durden's picture

Has The Market Trend Shifted From Bull To Bear?

Equity markets have not priced a meaningful slowdown in global corporate earnings. They are still pricing in central banker commentary... for now. History teaches us that equity turbulence accompanied by meaningful economic softness often marks the turn from a secular bull market in to a bear market.

Tyler Durden's picture

Oil Hovers Near Crucial Technical Level As Rig Count Decline Slows, China Inventory Soars

Overnight weakness on the back of 8-month highs in Chinese crude inventory (combined with the recent plunge in super-tanker rates - i.e. China is no longer refilling its SPR) sent WTI Crude towards the critical $44 level (which has acted as support for 2 months). The China rate cut weakened crude further as PBOC admitted it was needed because of the state of the economy. And then Baker Hughes reported a total rig count unchanged 787 (lowest since April 2002) and an oil rig count decline of just 1 to 594 (the 8th weekly drop in a row). WTI slipped on the news.

Monetary Metals's picture

And Then There Was None (Backwardation) 18 Oct, 2015

The dollar dropped about half a milligram gold, and 50mg silver.

But who wants to read about the universal currency falling, failing? Few people are so barbarous as to think of the dollar’s value as being priced in terms a monetary metal.

Monetary Metals's picture

Price Moves and Term Structures 20 Sep, 2015

Don't trade yesterday’s news. There was backwardation. However, it's a sensitive indicator and you need an updated picture before buying after a sizeable price move.

Monetary Metals's picture

Gold, Silver, and Horse Betting Report 13 Sep, 2015

Consider the sport of betting on the sport of horse racing. It’s actually similar to the analysis of the gold and silver markets. How’s that?

Tyler Durden's picture

A Warning For The Bears: Gartman Goes Short S&P Futures, "Very Worried In Catholic Terms"

"NEW RECOMMENDATION: we wish to sell the S&P futures short this morning, fearing that a major top hss developed and that the recent consolidation in the stock market is precisely that: a consolidation before the next leg downward... If the consolidation is indeed reconciled to the downside, the target becomes 1725-1750, or just a bit more than 200 S&P points to the downside."

Tyler Durden's picture

A Sucker's Rally?

The markets are clearly sending the same warning signals that they always have. It is only a question of whether we are willing to listen, or allow our "greed" to keep us at the casino table hoping for one more "hot hand." One thing is for certain, if the market does muster a rally strong enough in the week's ahead to retest the previous bullish trend moving average, it could very well be a "sucker's rally."

Monetary Metals's picture

Supply and Demand Report 6 Sep, 2015

This was a fairly quiet week in the market for the metals. The price action was elsewhere (e.g. equities and currencies).

Tyler Durden's picture

A Layman's Explanation Of The Wall Street Rigged Casino Analogy

It doesn’t make sense to you. And it shouldn’t to anyone. Unless – they first go directly to the ‘house bar and media entertainment center’ that is always open and always free with spiked Kool-Aid™. It works better and is cheaper than actual liquor. It’s not actually a drink per se. It’s just hoopla and endless propaganda for the masses. That’s why it’s free and encouraged. It keeps everyone happy within the walls and enhances the experience, while simultaneously acting as one non-stop running commercial to entice anyone foolish to think they too can get rich quick. All legal by the way. The laws were adapted to fit the criteria.

Tyler Durden's picture

If You Doubted The Central Bankers' Brave New World, You Were Right

Ben Bernanke and his cohort central bankers built a Brave New World (SOMA, SOMA, SOMA!) where central bank money printing would boost stock prices and the wealth created would trickle down to workers and cause a booming economy. If you doubted that, you are now seeing proof that maybe this world was a little bit of Lewis Carroll’s Alice in Wonderland along with the Aldous Huxley.

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