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
All four ETFs remain on buy signals. Prices are ahead of the moving averages, therefore, ideally a four to five week trading range will allow them to catch up.
Here is our monthly update on global indexes for our international investors.
$SPX - sell signal in January 2008 ended the buy signal of May 2003. Prices testing TL resistance with MACD positive, but new buy signal cannot be confirmed...
GLD - on buy signal.
SLV - on sell signal, barely.
GDX - on buy signal.
GLD - on buy signal.
SLV - on buy signal.
GDX - sell signal this week.
GLD - on buy signal.
SLV - on buy signal.
GDX - on buy signal also.