Tag Archives: smh

NFTRH; Key ETF Update

A snapshot of the current technical status of several key markets (a lot of charts today because macro changes seem to be in effect)…

GLD broke down from the Sym-Tri (strike 1), lost the June low (strike 2) and now would try to find support at the December low, equiv. to gold 1180.  Over sold, prone to bounce but technically bearish below 120 and 123.

Continue reading NFTRH; Key ETF Update

NFTRH; Key ETF Update

A snapshot of current technicals for key markets…

GLD became very bearish with the breakdown from 124.  A rise above 123 is needed to even begin to repair this chart.

Continue reading NFTRH; Key ETF Update

NFTRH; Key ETF Update

A snapshot of the current technical status of key ETFs…

GLD filled gap, which now closes out the geopolitical hype and leaves gold on its own right at key support.  Still not a constructive looking chart.  A rise above the SMA 200 and then the 50 makes it constructive.

Continue reading NFTRH; Key ETF Update

NFTRH; Key ETF Charts

A slightly abbreviated Key ETF segment due to ongoing time commitments over the mid summer weeks.  Just a snapshot in time, picking up where we last left these charts a few weeks ago…

Continue reading NFTRH; Key ETF Charts

NFTRH; Key ETF Charts

A snapshot of the current daily chart technical status of several ETFs…

GLD is bullish but in the equivalent resistance zone as noted for gold in NFTRH 296.  MACD and RSI positive, with RSI close to over bought.  Key support is at the MA 50 and 200.

Continue reading NFTRH; Key ETF Charts

NFTRH; Key ETF Charts

Key ETF charts are a snapshot to current technicals, not comprehensive technical analysis.

GLD bumped above the lower end of resistance yesterday and is support for any continuing S/T rally activity.  The big test is in the 123 to 125 area and the nose of the former Symmetrical Triangle.

Continue reading NFTRH; Key ETF Charts

NFTRH; Key ETF Charts

ETF daily charts are a snapshot of current technicals, not a comprehensive technical review.

GLD has lost support after spilling out of the Symmetrical Triangle.  Last week it was at the 62% Fib retrace and this week that is in the rear view window.  Still bearish.

Continue reading NFTRH; Key ETF Charts

NFTRH; Key ETF Charts

ETF updates are meant as a snapshot of the current technical situation, not a comprehensive technical review.

Continue reading NFTRH; Key ETF Charts

NFTRH; Key ETF Update

ETF updates are a snapshot of current daily technicals, not a comprehensive technical review.

Continue reading NFTRH; Key ETF Update

Update, Key ETF Charts

Note:  To keep unwanted clutter out of the in-boxes of those not interested in trade ideas NFTRH+ updates are no longer being emailed.  They are posted at the site and accessible using the password for the current week.  On Monday an NFTRH+ idea was presented for the NDX.

Continue reading Update, Key ETF Charts

Update, Key ETF Charts

A reminder that below is a snapshot of current ETF status, not a comprehensive technical review.

Continue reading Update, Key ETF Charts