DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
BANK OF AMERICA CORPORATION COMMON STOCK, SPDR S&P 500, SPDR SELECT SECTOR FUND - FINANCIAL, AURIS MEDICAL HOLDING AG - COMMON SHARES, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, INVESCO QQQ TRUST, SERIES 1
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
GDX continues to outperform GLD .
This isn't what happens before a big $gold selloff.
Most likely, this is an advance-warning of gold's impending breakout.
Continuation down from multi month triangle $GC_F
still hoping for a bullish move higher for miners.
GDX continues to deteriorate relative to gold. This is the opposite of what should happen in a gold uptrend. In other words, the gold miners have bearishly diverged gold. If GDX continues to weaken, it doesn't bode well for gold...and of course most gold miner stocks. Will want to see that ratio turn up if bullish.
Gold companies have rallied well vs gold itself since january. Let's see if this reverts.
I think I properly volatility (not a expert on this) 2.666 the notional value in gold vs 1 notional value in gdx.
not doing this with really money just a theoretical exercise.
Time for some mean reversion?
The chances of it going down is much greater than the chances of it going up. We need to watch the lines.
Approaching channel line, cycle low and DT PO
Cycle low in their ratio
Miners working on a bullish engulfing week so far and a right shoulder against the metal.
If symmetry is any guide, hints that we will have maybe another month spend in this bottoming IH&S formation.