By Rambus - September 23, 2016
Before I discovered the junior PM stocks in 2002, the big cap tech stocks is where I played especially during the 1990’s. The real move for the tech stock actually began in 1995 where the final parabolic move started into the 2000 top.
By Rambus - September 13, 2016
It wasn’t until yesterday that I could draw in a possible bottom rail of a possible diamond pattern on the GDXJ. This potential diamond pattern has been forming since the first of July. As it stands right now the diamond pattern has...
By Rambus - September 10, 2016
Welcome to PM Trader’s Nightmare. We’ve been following the GDX as a proxy for the rest of the PM stock indexes which is showing the on- going correction or consolidation phase of the first big move up off the January low. This first daily...
Tonight I would like to show you a long term 40 year monthly chart for the $COMPQ which I call the history chart. Some of you were not even born when some of these significance events happened. At the time they seemed significant enough...
I’m going to use the GDX as a proxy for the rest of the PM stock indexes. I can now say with a fair amount of confidence that the first consolidation phase is taking place. Let’s start with just a simple daily chart for the GDX, which is...
When looking at the short-term minute charts, things look very volatile in the precious metals complex. However, the further you look back in time, the less volatile the price action becomes. If you are a day trader, then the minute charts...
We started following this US dollar index about a year or so ago, which has a more equal weighting of different currencies than the $USD. Even though I don’t post it much, this Alternative US dollar index has some very interesting...
Let’s start off by taking an in depth look at the INDU as a proxy for the other US stock markets. A year ago this month the INDU put in an important low, which has held support. A very strong rally ensued which took the INDU up to the 17,...
The markets have a way to push you just beyond your limits to get you to do the wrong thing at the wrong time…and then reverse on a dime. The bearish sentiment from just a casual observation over the last few weeks has felt like there was...
This first chart for tonight is the GOLD:XAU ratio combo chart we’ve been following very closely. I just want to make it perfectly clear what this ratio chart is telling us. The ratio chart on top is telling us that gold is in a parabolic...