Precious Metals Breaking Down! 3 Amigos to Abort? 4 Horsemen to Ride?

I am not trying to be a wise guy with the first half of the title (it’s a goof on alarmist media), but if you were not bear biased or outright bearish on the gold sector’s daily and weekly technicals, and its macro and sector fundamentals by now all you have left are the alarmist […]
Slope of Hope

Hedgers Net Short the Euro, US Market Rotates; 2 Horsemen Set to Ride?

In line with our bullish forward view on USD, behold the very bearish state of the Commercial Hedger positions in the Euro (courtesy of Sentimentrader). Recent historical data speaks for itself. It appears a decline in the Euro is imminent (which, in market terms means ‘relax, it could be a while yet’ ? ).   […]
Slope of Hope