GDX May 09, 2016

GDX on a sell signal.  As we are using short intervals (15 minutes)  this is a short term trading call.

Silver sell "alert" (longer trade daily chart)

GL traders

Outlook for week of May 9, 2016

The 20 week cycle should by now have strong downside momentum.  The 5 week cycle is also hard down.  Expect another down week for the week of May 9.  OLD SAYING:  "sell  in May and go away" may prove out.

GL traders

May 02, 2016 GDX sell signal

Alert on Friday as price touched FLD from above and sell signal today as price bar(s) completely below FLD.

Buy alert: reverse sell soon?

firs buy alert reversed and new buy "alert" near close today:

Buy signal as price moves completely above FLD:

Sell "alert" and reversal by close:

GL

May 2, 2016 weekly outlook

The 20 week cycle appeared to show its dominance in latter part of the week and we had a down week as the 20 week cycle gained momentum to the downside,  After getting an "alert" last week (see FLD  touch  from above (alert) and cross(sell signal). 

Now the 5 week cycle shoud turn down the next couple of weeks.  This should set up a bottom by middle of May?

GL

Outlook for week of April 25, 2016

Even though the 20 week cycle topped and is down next week three other cycles are up.  The 20 week cycle is often dominant, but will probable result in sideways action for the last week of April with the other 3 cycles "up".  There may be some upside bias, but new ATHs may not happen...

Alert for NDX100 as price touches FLD from above:






GL traders

April 18, 2016 weekly outlook

A test of ATH seems likely since the shorter cycles should have bottomed and turned up.

But, always expect the unexpected, so watch for that sell signal:

GL traders

April 12 - GDX alert

Watch closely for sell .....

GL

April 11, 2016 gold

You need a chart of shorter periods to try and trade recent short ups/downs (hours, half-hours).  Still day trading would be risky.

Gold Hurst chart (FLD - Future Lines Demarcation; VTL Valid Trend Line):

Short span cycles (Hurst chart):

Priced in gold:   this page  ....

 

April 11, 2016 weekly outlook

Shorter cycles down during the week.   The shorter cycles should end by Monday Apr 18....  After that we make one more attempt at a new high before mid year

 

GL traders

Apr 4, 2016 weekly outlook

I thought the 10 week cycle might provide some down side movement, but it was not to be.  But the evidence is starting to suggest more strongly we are due (even overdue) a pullback.

RSI is near levels suggesting an imminent top, TSI should see a bearish crossover soon and the stochastics suggests a top is due.  With multiple indicators lining up to suggest a top, surely a pullback is due.

GL traders

A different look (Hurst FLD for DJIA)