The chart below is outlining the monthly development for Precious Metals. Gold, Sliver and Platinum are equally weighted and each bar is showing one month of trading activity.

According to the chart, there is now an inside bar on a monthly scale. There is a lower high and a higher low signalling some sort of pause to the last months weakness. Going into the fall, an upcoming stronger move is to be expected from a technical perspective.

From July's close to the top of the latest bar there is + 9.7%. Until metals is trading above this level, the downtrend is continuing for the longer term.

2022-09-04 19:15 | Gold, Silver, Platinum, Longer Term, Medium Term, Metals

The Gold Silver Ratio is marginally higher after week 24, making a higher low and a higher high.

According to the weekly chart above, Gold is holding up better than Silver on a weekly scale going into week 25. Gold is clearly outperforming Silver as long as the bars are Blue (marked by their higher lows). Seeing the ratio fall below USD 83 again, could quickly turn biased on Silver.

2022-06-18 10:51 | Gold, Silver, Ratio, Medium Term, Gold Silver Ratio, Metals

As this weekly chart is pointing out, Gold is stronger than Silver on a weekly scale.

The latest Blue bar is making a higher high and a higher low indicating more support to Gold prices than of the Silver prices.

As long as this graph is showing higher prices, Gold is performing stronger relative to Silver.

2022-05-03 01:58 | Gold, Silver, Ratio, Longer Term, Medium Term, Gold Silver Ratio

Continuing the Nasdaq100+DAX story. The weekly chart for the combined markets is shown below.

As there again is a lower low and a lower high in the weekly chart, markets are showing continued weakness (and no strength) going forward.

Latest In depth on Nasdaq100 index.

Latest in depth on DAX index. 

2022-04-24 15:30 | Nasdaq100, Dax, Longer Term, Medium Term, Stockmarkets

Below, you find Nasdaq100 and DAX set toghether.

As pointed out last week, if this week was weak the resumption of the downtrend could find its way lower.

The chart is now showing a lower low and a lower high, indicating weakness for markets. Only a 5% gain could possibly jeoperdize the downtrend from the first week of January.

Latest In depth on Nasdaq100 index.

Latest in depth on DAX index. 

2022-04-17 22:36 | Nasdaq100, Dax, Longer Term, Medium Term, Stockmarkets

STAY ALERT!

The weekly chart below,

shows the American Nasdaq100 index and the European DAX index put togheter in one graph.

The lastest weekly bar is showing a lower high and an equally lowpoint from the week before.

Upcoming weakness could prove current upswing in markets to be "fake", for then to see the longer term downtrend from beginning of January to resume. 

In depth Nasdaq100 index.

In depth DAX index. 

2022-04-10 15:32 | Dax, Longer Term, Medium Term, Nasdaq100, Stockmarkets

So where are the stockmarkets at in Mid February of 2022?

For Europe, most investors look at the DAX index as a proxy for the market. In the USA and all over the world for that matter, the Nasdaq100 is a popular index. Putting both of them together into one graph is interesting because it could tell you more about the stockmarkets temperature in general.

At 14.600, the Nasdaq100 is -10.5% and at 15.400 the DAX -2.5% YTD. Putting them toghether, they now see weakness over the last 5 weeks.

On a weekly scale Nasdaq100 and the DAX see a lower low and a lower high. This favours lower prices to come. Bias to the upside would see higher highs and higher lows.

Until the indices are able to climb into creating a Blue bar, weakness will continue.

For updates on the indices and seasonality, see Nasdaq100 and DAX.

2022-02-16 08:59 | Nasdaq100, Dax, Longer Term, Medium Term

Bitcoin is up 47% since seasonal turningpoint Sep 26th. The graph below shows the price development where Blue is strength and Red indicates weakness.

This chart is updated frequently on the Bitcoin site.

2021-10-20 01:16 | Bitcoin, Medium Term

After week 40, there are some signs to metals potentially moving higher with Platinum leading the pack. For the week Platinum was up 5% + , Gold unchanged and Silver + 0.6%.

This graph gives the picture of Gold, Silver and Platinum. All equally weighted.

The weekly chart do show a higher low and and a higher high. This is a positive sign. Looking at the weekly trend for three metals there is no change to the present downward pressure. But, if they do show strength through week 41, there will be renewed signs of possibly higher metal prices to come.

2021-10-09 14:05 | Gold, Silver, Platinum, Medium Term

After week 39, metals are still havy with the attempt to go somewhat higher towards the end of the week.

The graph above consists of Gold, Silver and Platinum weighted 1/3 each. To get a clearer picture of the actual trend, the derived candle chart (Heikin Ashi) shows prices are still trading lower on a weekly timescale.

The low for the week was actually higher than prior week and similar to the week before. This could indicate some type of floor to the precious metals prices for now.

In order to be more confident in a potential renewed uptrend to come, markets should make a nice blue weekly bar this upcoming week # 40, October 04 - 08.

2021-10-03 09:40 | Gold, Medium Term, Platinum, Silver