Markets / Other

Jan 21, 2017 at 18:42

The Elliott wave weekly picture aims to give an overview of the wave counts operating in each market I follow, the opportunities I see developing, and where the waves are…

Jan 21, 2017 at 18:40

One question that gold investors are asking now is, will 2017 be as spectacular for the yellow metal as it was in 2016? The short and sweet answer to this…

Jan 21, 2017 at 08:27

All of the major indices declined slightly last week. New highs continued their decline and the secondaries underperformed the blue chips. The only data set that keeps me positive is…

Jan 21, 2017 at 07:20

Summary: Long term – on major buy signal. Short term – on buy signals. Gold sector cycle is up. Waiting for trendline support and set ups.

Jan 21, 2017 at 07:04

Federal Reserve Credit last week dipped $0.4bn to $4.413 TN. Over the past year, Fed Credit contracted $42.9bn (down 1.0%). Fed Credit inflated $1.602 TN, or 57%, over the past…

Jan 20, 2017 at 16:35

When the SPX breaks out above its current resistance level, it will be the next leg up in this bull market. We are currently in a consolidation period. The SPX…

Jan 20, 2017 at 09:29

Gold has rebounded sharply higher in the past month, taking the early lead as 2017's best-performing asset class. Normally such a big gold surge would require heavy gold-futures buying by…

Jan 20, 2017 at 08:52

The economic elite exemplified by the Davos participants have done much to undermine their credibility, suffering from the backlash for cheerleading the governments' experimental monetary programmes ...

Jan 20, 2017 at 08:25

USDJPY is making a pullback now, which we see it as a three wave set-back in wave 2 as mentioned this morning. Ideal support zone comes in at 113.80-114.30 from…

Jan 20, 2017 at 08:21

The performance of gold in 2017 depends largely on whether the Trump's presidency will lead to lasting shift in the markets. What changes do we mean? Some analysts mention the…