‘NYSE Composite’ Archive

A breakdown here could be super bullish for Gold miners!

  CLICK ON CHART TO ENLARGE This ratio compares the NYSE Composite Index to the Junior miners ETF (GDXJ). When the ratio is moving higher the NYSE is reflecting relative strength to the small mining stocks. Over the last year the ratio has stayed with a uniform rising channel.  At this time the ratio is [...]

7-Year cycle suggest an important high in 2014?

  CLICK ON CHART TO ENLARGE What do the highs in 2000 & 2007 and the lows in 2002 and 2009 have in common? Each of these took place 7-years apart in the broad based NYSE Index. Odds are most likely slim that a key high takes place 7-years after the 2007 highs took place, [...]

This only took place in 1999 & 2007…Now its happening again!

  CLICK ON CHART TO ENLARGE Only twice in 35-years has the NYSE Index been at all-time highs, when the Russell 2000 broke below its 200MA line. Those two times were in 1999 & 2007. The above chart reflects where the S&P 500 was, when this took place.  Now its taking place for the third [...]