Blog

Technical Analysis

S&P 500, Nasdaq Composite and Russell 2000

The major Indexes had a weak final few days of last week and the S&P 500 and Nasdaq Composite both moved back into the lower half the recent range that they have been developing, with the Russell 2000 showing some near term relative strength. But in a weaker overall position as the Russell 2000 is the only major index in Stage 4, while the S&P 500 and Nasdaq Composite and NYSE all remain in Stage 3 currently, with attempts to form a near term base structure, of which they are all in Phase B - the testing phase...
Read More

Gold Stage 2 Breakout Attempt and US Stocks Watchlist - 17 February 2022

Physical Gold and the various etfs that track it (i.e. $GLD & $PHYS) are testing the Stage 2 breakout level today, and this has caused strong moves across the various gold miners too, which have featured heavily in the Stage Analysis Members watchlist over the last week, with around 1/3 of the weekend watchlist dedicated to it.
Read More