Jack Chan
Technical Analyst & Editor
Jack Chan is the editor of Simply Profits, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the US dollar bottom in 2011.
Jack Chan Articles
Our proprietary cycle indicator is now UP. Current data suggests a top is imminent. Our ratio is on buy signal. Trend is up for gold and gold stocks and down for USD.
Our proprietary cycle indicator is DOWN. Current data suggests lower gold prices overall. Our ratio is on sell signal. Trend is now down for gold stocks.
Our proprietary cycle indicator is DOWN. Trend is UP for gold. Trend is UP for gold stocks. Trend is DOWN for USD.
Our proprietary cycle indicator is DOWN. Speculation has set a new high. The divergence between gold and silver remains a concern.
Our proprietary cycle indicator is DOWN. Speculation has set a new high. Our ratio is on a new buy signal. Trend is now UP for gold stocks.
Gold sector cycle is now down. Trend is up for gold and down for gold stocks. We will wait for a new set up on DUST to trade the short side.
Gold sector cycle is up. Trend is up for gold and gold stocks, down for the USD. We are now neutral and will wait for the cycle to turn down to take short positions.
Gold sector cycle is up. Trend is up for gold and gold stocks, down for the USD. We are now neutral and will wait for the cycle to turn down to take short positions.
Gold sector cycle is up. Trend is up for gold and gold stocks, down for the USD. We are now neutral and will wait for the cycle to turn down to take short positions.
Gold needs to rise above $2450 to negate this potential head & shoulder top. Condition to buy was not met this week, shall wait for a pullback next week.
