UUP Update…

The daily chart for the UUP shows it has broken out from the small red bear flag with a breakout gap. It also gapped below the down sloping dashed line that was the old top rail of the falling wedge…

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UGLD Trade Setup…

UGLD is a 3 X bull etf for gold. Of all the Kamikaze stocks UGLD is by far the least volatile. Yesterday it broke out of a morphing 6 point triangle consolidation pattern with a breakout gap. I didn’t buy…

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GLD Update…

Just a quick update on the GLD weekly chart which shows the breakout and backtest to the top rail of the big three year 7 point bullish falling wedge reversal pattern. The top rail has been backtested twice so we…

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PM Combo Chart…

This combo chart should give you a sense of where we’re at in the bull market, very early stage. On this linear scale weekly chart you can see that GLD and SLV broke out of their 7 point bullish falling…

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