• 584 days Will The ECB Continue To Hike Rates?
  • 584 days Forbes: Aramco Remains Largest Company In The Middle East
  • 586 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 986 days Could Crypto Overtake Traditional Investment?
  • 990 days Americans Still Quitting Jobs At Record Pace
  • 992 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 995 days Is The Dollar Too Strong?
  • 996 days Big Tech Disappoints Investors on Earnings Calls
  • 997 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 998 days China Is Quietly Trying To Distance Itself From Russia
  • 999 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,003 days Crypto Investors Won Big In 2021
  • 1,003 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,004 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,006 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,006 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,010 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,010 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,010 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,013 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Stock Market Higher, Gold Down

The charts below show the stock market going higher into July 29th while GDX goes lower. A few months back I said that I thought the SPX would make new highs ahead and we are there. My original thought was, it would go higher into early October. The power of the recent surge suggests the likelihood the top will occur much earlier.

SPX Hourly Chart
Larger Image

SPX Daily Chart
Larger Image

GDX Daily Chart
Larger Image

 


Brad Gudgeon, editor and author of the BluStar Market Timer, is a market veteran of over 30 years. The subscription website is www.blustarmarkettimer.info

 

Back to homepage

Leave a comment

Leave a comment