Dow Theory Update for August 31: Gold and Silver may trigger a new primary bull market soon
posted on: August 31, 2023
The setup for a primary bull market was completed on 8/2/23 General Remarks: In this post, I thoroughly explained the rationale behind my use of two alternative definitions to appraise secondary reactions. GOLD AND SILVER A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. I explained HERE that gold […]
Dow Theory Update for June 3: Setup for a primary bear market signal for GLD and SLV completed on 6/1/23
posted on: June 9, 2023
I am writing before the close of 6/3/23. So readers, beware, things may change. Executive Summary: 1. The primary trend for gold and silver is bullish, the secondary one is bearish, and the setup for a potential primary bear market signal was completed on 6/1/23. The primary trend for gold and silver ETF miners (GDX […]
Dow Theory Update for December 1st: Primary bull market for gold and silver signaled on December 1st.
posted on: December 1, 2022
GDX and SIL in a primary bull market too A new primary bull market has been signaled in precious metals today (12/1/22). Yesterday, silver broke topside its secondary reaction highs. Today, gold confirmed, providing the awaited primary bull market signal. I hope to write soon a comprehensive article explaining the intricacies of this new […]
Dow Theory Update for September 5: Primary bear market for SLV and GLD reconfirmed on 9/1/22
posted on: September 5, 2022
GOLD AND SILVER A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. As I explained here, the primary and secondary trend was signaled as bearish on 6/30/22. Following the 7/20/22 closing lows for GLD and 7/25/2022 for SLV, a secondary (bullish) reaction against the primary bear market developed. After […]
Dow Theory Update for September 3: Primary bear market for SIL and GDX reconfirmed on 8/30/22
posted on: September 3, 2022
Primary bear market for GLD and SLV reconfirmed on 9/1/22. Very soon, I will pen a new post concerning GLD and SLV. The overall picture for precious metals is bearish. I don’t want to give names, but when I signaled a primary bear market, I was criticized. The perma-bulls had an arsenal of reasons for […]
Dow Theory Update for August 25: Setup for a primary bull market completed for GDX and SIL (precious metals miners’ ETFs)
posted on: August 25, 2022
I am posting before the close so things might change. Readers beware. GOLD AND SILVER MINERS ETFs A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. As I explained here, the primary trend was signaled as bearish on 6/23/22. Following the 7/25/22 closing lows for both GDX and for […]
Dow Theory Update for August 24: Setup for a primary bull market completed for precious metals
posted on: August 24, 2022
Gold and Silver miners ETFs have also set up from a potential primary bull market signal GOLD AND SILVER A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. As I explained here, the primary and secondary trend was signaled as bearish on 6/30/22. Following the 7/20/22 closing […]
Dow Theory Update for July 5: Bear market for gold and silver signaled on 6/30/2022
posted on: July 5, 2022
U.S. bonds are in a secondary reaction against the primary bear market. A post will follow soon. GOLD AND SILVER A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. The primary trend was signaled as bullish on 11/11/21, as I explained here. In my June 16th, 2022, post I […]
Dow Theory Update for June 27: Primary bear market signaled for GDX & SIL on 6/23/22
posted on: June 27, 2022
Gold and Silver remain in a primary bull market GOLD AND SILVER MINERS ETFs A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. In my 6/16/22 post, I explained that on 6/14/22, GDX had broken downside, its 5/12/22 secondary reaction low (pullback) unconfirmed by SIL. On 6/23/22, SIL confirmed […]
Dow Theory Update for June 16: Update on the trends for precious metals and their miners ETFs (GDX & SIL)
posted on: June 16, 2022
I am publishing this post before the close. Therefore, things might change. Readers, do your own homework GOLD AND SILVER A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. The primary trend was signaled as bullish on 11/11/21, as I explained here. Despite the current pullback, the trend remains […]
Dow Theory Update for June 6: Setup for a potential primary bull market in U.S. bonds completed
posted on: June 6, 2022
Update on the trends for precious metals. US INTEREST RATES General Remarks: In this post, I provided a thorough explanation concerning the rationale behind my use of two alternative definitions to appraise secondary reactions. TLT is the iShares 20 years + Treasury bond ETF. More about it here IEF is […]
Dow Theory Update for May 26: Catching up with precious metals & their ETF miners
posted on: May 26, 2022
GOLD AND SILVER In this post, I provided a thorough explanation concerning the rationale behind my use of two alternative definitions to appraise secondary reactions. A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. The primary trend was signaled as bullish on 11/11/21, as I explained […]
