nickfondz

nickfondz

Calling a top here even though there's a very good chance that I'm wrong. Bounce off of the channel's lower trendline as support turns to resistance.

nickfondz

Silver has had a pretty rough time since April 2011. Looking at a monthly chart, we're starting to see it poke it's head up. The vortex indicator is in a position that shows we may have hit a bottom. MACD is curling to the upside as well. Break of the red trendline to the upside (candle close) with an uptick in volume will be the confirmation for this trade. This...

nickfondz Updated 

With the latest interest rate hike, $DXY ran hard before ultimately closing pretty flat. With the market continuing downward and the Fed expecting only two interest rate hikes in 2019, we could see a drop in the dollar over the next couple of months. The telling factor will likely be the monthly candle close. This would be good news for Gold bulls, as Gold has...

nickfondz

This is a ticker that is well known for running hard. The daily chart is starting to look like it's ready again. The vortex indicator is ready to converge and the MACD has just crossed to the upside. There's a small gap above that could be filled relatively easily with some volume. The next couple weeks could be interesting!