Markets rise when the preponderance of participants are buyers, and fall when the preponderance of participants are sellers. One of the key ways to anticipate the pendulum swings of participant behavior, and therefore price behavior, is to evaluate sentiment. Sentiment, more than fundamentals or technical...
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Gold managed to hold this week with a low higher than last week’s low. However, GLD did not. Sooooo…. with that bit of ambiguity, I’ve got to think we likely have not seen the bottom in gold as of today.
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A couple of possibilities for the bottom. First, let’s...
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Its mid afternoon Tuesday and the markets are selling off – still. It seems like it will never end. Big red candles on every chart I look. The VIX, the temperature gauge of fear, is rising again and the news headlines are filled with gut wrenching uncertainties about US ...
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Last week I offered some analysis using the True Strength Index indicator on the daily and hourly charts of GLD, GDX and GDXJ. This week I would like to offer what I believe to be a realistic look at what could be headed our way in the upcoming month of...
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The True Strength Index is a low lag-time momentum indicator that can be used at www.FreeStockCharts.com. Generally, it is bullish when the indicator is above ZERO and bearish when it is below ZERO. As the indicator is very sensitive and responsive to movements of price, it can be effectively interpreted for buy and sell...
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Analysis Using the True Strength Index Indicator
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When the tech bubble burst in 2000, Greenspan tried to “fix” the problem by cutting rates and printing money. Fix the problem he did … well sort of!
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