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Gold in the futures market has already started to show strength. GLD traders such as myself are sitting on the sidelines, and waiting for our turn in the morning. If it is a valid move then other entries are likely to show up on GLD or GDX. Gringo

I am not touching silver for now. The action is not clear enough and there is this trading range as well. My focus in on gold. GDX has shown greater strength and signs that the balance may be shifting in favour of demand. The SL breach is clear and the retracement is underway. I await a...

You are right. Volume is on the back burner for me. I keep it in case there is unusual behaviour, otherwise I could do without it. Gringo

This is an impressive find, this possibility of an Apple short. This could also have serious implications for the market, considering the weight of this stock in indexes and funds. Gringo

Oh RN. Are you going to let me get away so easily? :p

Have a wonderful new year everyone. To the lurkers, please dare to post. We get tired of saying the same things to the same people. Db and his dry humour can keep the spirits high for only so long. I would like to thank those who post here, including myself, for being so handsome...

trefoil, Yes, you are right. I had understood this part that you have written above. The author had implied that bitcoin was an inflationary currency, and rightly so. The number of bitcoins increase every year by whatever percentage and then become constant at a certain level. In real...

I have an issue with this idea of a deflationary algorithm. It implies is that the prices of goods is going to decrease relative to the new cryptocurrency. In other words, the price of the crytpocurrency is going to increase relative to the goods. Keeping only the algorithm in mind and not...

These questions have all been raised and quite intelligently debated earlier in this thread. My views would be closest to those of Maverick74. If you care you can go back and read. I have nothing more insightful to add than has already been brought to the fore. Thank you. Gringo

Some parasites don't kill the host.

Fed doesn't need to make a profit. It only needs to ensure other institutions of its preference make one. Gringo

XLB (Materials) is approaching the overbought supply line. The acceleration up has been remarkable. Except for the disappearance of volume, the rise in price has been almost unopposed. Gringo

DAL again seems like a short today. Price broke out of the hinge, retraced back and is failing now. Of course the price has travelled some distance already, and an entry earlier in the day obviously would have been better. What would have been even better is to have had initiated a short...

SLV daily is showing a downward sloping trend channel. There's also a possibility of value being determined around a hinge. Now, this hinge thing isn't so crystal clear to me but I am mentioning it nonetheless. The volume isn't decreasing within the hinge, making it difficult to give a proper...

SLV is hovering close to support around 18. We had a bounce around here in July, and price has returned. This time around the pace seems to be slower and movement has turned sideways. Is it a precursor to a subsequent rise? There seems to be some kind of a shift in price action that isn't...

Price in case of GDX moved significantly and ended up poking its head above the supply line. It was a shorter trading session but despite that the volume for this up move was considerably larger. We don't know for sure but this kind of behavior is indicative of strength. I would be waiting...

Green = Long Red = Short Black = Exit

GDX is exhibiting price behaviour that's somewhat different from the price behaviour exhibited by GLD. Price in case of GDX has refused to go down about three times now. This failure to go down can be looked as some sign of strength. Although the trend is down and I don't have a signal for a...

This information can be inferred by just looking at the price bar, without the volume. That's the point DbPhoenix is making in the post above. Who else absorbs the selling if not the buyer? Gringo

You're doing all the hard work Niko. I am only lending a helping hand. It's Db who's most responsible for keeping us all from self destructing. You my friend also have a Merry Christmas, and I wish you and your family the very best for the coming year. Gringo