Copper is an indicator of risk-on environment. Gold is an indicator of risk aversion. What is the Copper-Gold ratio showing? The monthly charts have been bullish as highlighted earlier here. KST gave a buy way back in 2020 and copper/…
Author: RAHUL GUPTA
Breakout in Bitcoin
Bitcoin has broken out. After a decent correction, it has broken out of a trendline from the top. The MACD has crossed the zero line and even the KST is in buy mode on the daily time frames. Bitcoin as…
Nasdaq Percentage of stocks above 50 DMA
Has the Nasdaq topped out? Let us see the breadth charts to analyse. One way is to simply see the Percentage of stocks in the Nasdaq which are above the 50 Day Moving Average (DMA). See how this ratio plunged…
Update on Dollar Index
Dollar Index has been in a downwards trend based on the monthly KST. We have highlighted in the past how the 88 region is a strong support. A positive crossover of the KST will indicate a bullish move for the…
Stocks hitting new lows in SP500?
What is the breadth of the market suggesting for SP500. Let us see the number of stocks hitting new lows in SP500. See how the numbers spiked in Jan - Feb 2020 and then even higher once the pandemic broke…
