SII gold, SII MOVERS, TRIGGER$ July 2019
HARD ASSET SECTOR LEADS SII WATCH LIST OVER LAST 4 WEEKS We made a number of posts prior to the recent $163/Oz spike in Gold alerting subscribers to the strong potential for a significant breakout in Hard Assets and gold in particular. June 13 – GOLD LIKELY TO SOON BE LIFTED BY RISING DE-DOLLARIZATION SURGE […]
SII GOLD Macro Technical, TRIGGER$ June 2019
GOLD DECISIVELY BREACHES MAJOR 2013 OVERHEAD RESISTANCE ZONE The $1360/oz price level has acted as an invisible “Maginot Line” since 2013. The wall was decisively breached this week as both Chairman Powell and ECB President Draghi signaled monetary easing was ahead. This was sufficient confirmation to the gold market that currency debasement was again soon […]
SII GOLD Macro Technical, TRIGGER$ June 2019
RENEWED CURRENCY DEBASEMENT IS THE MAGIC ELIXIR FOR GOLD ECB’s Mario Draghi may have just unintentionally re-ignited a smoldering currency war. On Tuesday 06-18-19 Draghi outlined during the ECB’s annual conference in Sintra, Portugal that the ECB is highly likely to soon begin the ECB’s form of easing which amounts to many as formalized stealth […]
TNX MACRO Technical, TRIGGER$ June 2019
US 10Y TREASURY PUTTING IN A CLASSIC “BOTTOM” & “REVERSAL” PATTERN After breaking through the TNX’s long term overhead resistance we fully expected the long term overhead resistance to be tested since technically what was ‘resistance’ often becomes support after a breakout. Additionally, since the TNX was coming from its upper 12 & 24 MMA […]
TNX MACRO Technical, TRIGGER$ June 2019
YIELD BOUNDARY CONDITIONS HAVE POWELL “SET-UP” FOR JUNE FOMC MEETING The Bond Market is putting a lot of pressure on Fed Chairman Jerome Powell to start rates cuts in July and to signal such in the upcoming June 19th FOMC Meeting. A meeting date two days prior to trader’s often volatile June Quadruple Witch. To […]
SII GOLD Macro Technical, TRIGGER$ June 2019
GOLD LIKELY TO SOON BE LIFTED BY RISING DE-DOLLARIZATION SURGE The reaction to the “Weaponization” of the US Dollar via US Sanctions has accelerated the on-going global De-Dollarization efforts. We outlined the rapidly unfolding developments earlier this year in our 151 page Annual Thesis paper entitled De-Dollarization (Free Copy Here). Documented De-Dollarization efforts are now […]
TRIGGER$ June 2019, USD Macro Technical
US DOLLAR SENDING EARLY SIGNS OF A POTENTIAL REVERSAL We have been posting this US Dollar DXY chart for a couple of years now. It has been very accurate in warning of US Dollar moves. Recently, the issue has been whether the DXY continues to follow the ellipse ring higher or separates from it. A […]
TNX MACRO Technical, TRIGGER$ June 2019
10Y US TREASURY NOTE (TNX) HITS MATASII TARGET We have hit the MATASII yield target of 2.08% for the 10Y US Treasury Note. This is exactly a 61.8% Fibonacci Retracement. Note that the recent TNX plunge was technically precipitated by the cross of the 80 WMA (black line) of the 40 WMA (blue line). WHERE […]
TNX MACRO Technical, TRIGGER$ June 2019
CREDIT MARKETS CRACKING IN A SYSTEMIC LIKE FASHION Here are Monday’s charts pulled from a report which give further detail of the yield drop shown above in the current “TNX” MATASII chart. VIX vs HY vs IG Credit markets are starting to crack more systemically… Flashing very bright warning lights to stocks… BONDS Bond […]
GOOG, APPL, FB, AMZN CRUSHED BY “UNPRECEDENTED PROBE” BY DOJ, FTC & CONGRESS Since April 29, WolfStreet’s “FANGMAN” Index has dropped 14.0%, or by $645 billion in market cap, giving up 49% of the post-Christmas rally in just five weeks. The biggest daily drop was Monday due to what we posted previously ( TRADE WAR […]