Rambus
Rambus Chartology is Primarily a Goldbug TA Site following the precious metals markets. Chartology is the Unique Blend of Technical Chart Pattern Identification and Market Psychology, Developed by Rambus During the Tech Mania of the late 1990s. His Early Training came the old fashioned way...Reading Edwards and McGee's Bible of Technical Analysis and spending years with a sharp pencil graph paper and ruler refining his skills and accuracy. Visit the Rambus Chartology website at http://rambus1.com/.
Rambus Articles
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...
Tonight I would like to update some of the precious metals stock indexes as they have been basically consolidating for the last couple of months. This has been healthy for this sector which has been on fire since the middle of January of...
There are two patterns I’m watching very closely on the HUI, which will be a proxy for the rest of the PM stock indexes. This first chart is daily chart which shows the three small consolidation patterns that have formed since the January...
There are several times a year when the markets gives you an important inflection point. Today I believe we just witnessed one in regards to the PM complex, the US dollar and the stock markets. Even though the US dollar didn’t have an...
Below is a long-term weekly chart we’ve been following which shows the breakouts and back-testing that have been going on for several months with GLD and SLV, and just 5 weeks or so for the HUI. This big picture look from 35,000 feet shows...
