by Chris Kimble | Aug 15, 2018 | Kimble Charting
Commodities are becoming a hot topic… and an important investing theme. With the US Dollar coming back to life, commodities have pulled back. And that pullback now has the “equal weight” complex in trouble. Below is a chart of the Thomson Reuters Equal Weight...
by Chris Kimble | Aug 9, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The chart looks at the price patterns of the Aussie Dollar over the past 20-years. The trend on the AU$ is up over the past couple of decades and it is down since peaking back in 2011. The decline of late has the AU$ testing 17-year rising...
by Chris Kimble | Jul 20, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The US Dollar hit peaked in January of 2017 and started creating a series of lower highs and lower lows, which has formed falling channel (1). King Dollar hit a cluster of support and the bottom of the falling channel (1) 6-months ago and a...
by Chris Kimble | Jul 18, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The chart looks at the Thomson Reuters Commodity Index over the past 38-years, on a monthly closing basis. The index has been creating a series of higher lows and higher highs over the past 15-years inside of rising channel (1). It hit the...
by Chris Kimble | Jun 29, 2018 | Kimble Charting
Gold has been weak for the past several weeks. So what gives? Gold prices have been trading in a tightening wedge pattern (between its rising trendline and horizontal resistance – see point 1) for several months. Bouncing back and forth in a narrowing range. The...
by Chris Kimble | Jun 7, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Above looks at the Silver/Gold ratio over the past 18-years. Three different times the ratio hit support alone line (1) and turned higher, sending a positive message to Silver and Gold. The ratio hit 15-year support again a couple of months...
by Chris Kimble | May 24, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the Junior Miners (GDXJ) to Gold ratio over the past 7-years. Metals bulls want to this ratio heading higher, to send a positive message to this sector. The ratio has spent the majority of the past 7-years inside of...
by Chris Kimble | May 22, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the Silver/Gold ratio on a monthly basis over the past 20-years. When the ratio is heading higher, Silver is stronger than Gold. Since the 2011 highs, the majority of the time the ratio has been heading lower, reflecting...
