GDXJ: Big move coming?

GDXJ
The last couple of days of slaughter in the metals and mining space saw GDXJ turn down from over head resistance in the form of a descending ceiling. With three potentially big catalysts coming up around March 15 along with now narrowing wedges in the GDXJ chart,  we could...
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US stock market euphoria

Sentiment
Setting the scene… ( S&P500):     As the US stock indices have almost gone vertical I thought it might be interesting to map just how euphoric investors are today…   Yesterday the largest S&P500 ETF saw the second biggest inflow in over 5 years....
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Follow up on Bitcoin vs GDX

GDX4
In a previous post I put up the following chart depicting the recent major divergence between Bitcoin and GDX (gold miner index) and that if recent history is a guide for the future, we should see Bitcoin and GDX converge. So what has happened since then?…...
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Chart of the day: GDX

gdx2
GDX (gold producers) is looking quite bullish on the weekly chart for at least a swing higher in the short/medium term: MACD has turned up. Histogram shows correction lost strength. Weekly candle stick hammer (Last seen at the end of the last major bottom). RSI turning...
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