Getting Granular – Equities Currently Testing the Veracity of Their Recent Up-trend
By veracity we mean truth. The chart below highlights the SPY on a 60 minute basis over the past year. Note the level of the RSI at (1). With this week’s selling it sits at a level that is typically…
Ratio of Gold vs. Silver Sitting on Support that Has Tended to Coincide with Silver Tops Historically
The two technical set-ups in this post could make for some firecrackers, er, fireworks, in the metals space in the near-term. In the chart below the ratio of gold vs. silver has fallen to the combo of support lines (1)…...