Monthly Archives: April 2013

16 Apr

Gold ETF & Futures Collapse 2013 (update 4-16-13)

Despite yesterday’s violation of 1353.30 (illustrated in yesterday’s letter and still in current video), it remains capable of session containment today, 1398.50 in reach and able to contain session strength. Pushing through 1398.50 allows 1427.00 intra-day, also able to contain session strength, and the level to settle above for signaling 1464.40 – 78.60 within the week, able to contain strength through next week. Though not expected this week, closing above 1478.60 signals 1522.50 within 3-5 days (hours?), primary mid-term resistance able to contain strength into May activity, below which long-term support at 1285.6 –1303.9 is expected within April time horizon. Downside, breaking 1353.30 signals 1328.50, able to contain session weakness, below which 1285.60–1303.90 is expected intra-day, targeted long-term support able to contain selling through May, possibly later year.

15 Apr

Gold Collapse Quickly Yields Target Objective

Following the February long-term sell signal, and the secondary signal elicited at the end of last week (Friday, April 12), Comex Gold (June) is very close to testing its 1353.30, 3-5 week target objective, which can contain selling through May activity. Keep in mind we expect the 1285.60 – 1303.90 region over the next 8-12 weeks (days?), with later 1213 allowing 1086.50.

What’s more, the active Gold ETF (symbol GLD), has slipped through it’s near-term 133.96 target, with a daily settlement below 133.96 allowing 123.85 – 125.67 within the week (given heightened volatility), able to contain selling through May, possibly into summer trade.

The newsletter and video contained within the previous post shows all the technical details. Stay tuned!

Weekly Gold Analysis For April 15, 2013
15 Apr

Weekly Gold Analysis For April 15, 2013

Last week’s Gold sell-off elicited a secondary sell signal in both COMEX Gold as well as the GLD ETF that should continue to play out over the next 3-5 weeks. This occurred within the context of February’s long-term sell signal that is expected to weigh on this market into later year.

The printable PDF newsletter lower left provides this week’s key support and resistance levels and relevant near-term charting for both Comex Gold (June) and the GLD, while the 10 minute video just below it provides full commentary, and a deeper level of long-term analysis not available within the printable letter. The video is expandable to full-screen.

If you have any questions shoot us an e-mail, or if you’d like a free trial in the Weekly Gold Letter either send an e-mail, or fill out the free trial form at right (please mention “Gold” in the additional comments field). Thanks!

Weekly Gold Letter

 

ETF Market Report April 2013: The Bond Bubble
12 Apr

ETF Market Report April 2013: The Bond Bubble

As interest rates have declined over the last several years to historic lows, financial speculation has grown concerning the existence and eventual puncturing of a “bond price bubble”.  The April ETF Market Report analyzes both mid and long term US Treasuries, US Corporate Bonds, and provides an update on last month’s Mortgage Backed Security market, all in an effort to not only determine when the so-called bubble will burst, but whether it actually exists.

In the eight minute video below Cary Artac  illustrates key support in the above markets, all of which find popular, high-volume counterparts in the growing universe of exchange traded funds.  In the video we provide the downside trigger-points for possible bond market price-collapse into later year. While they have yet to occur, each market is nevertheless trading very close to key support – above which each bond fund remains bullish into later year, and below which an institutional migration away from fixed income and into larger equity holdings would be expected through the balance of 2013.

     Have a “look see”, and if you’re interested in viewing the current, nine-page print edition of our monthly ETF Market Report (April 2013), just fill out our free trial form at right and we’ll be happy to provide the April letter at no cost or obligation. Thanks for visiting!