Trendanomics

Nasdaq 100 Index continues to deteriorate. Today, The Nasdaq 100 Index (NDX) sliced through last weeks’ low. .. looking next at last months’ low. Gold and gold miners continue to show bullish relative strength. Nasdaq 100 Index:

Gold Miners Index vs. S&P 500 Index

Gold Miners outperform The Gold Miners Index (GDM), ETF (GDX), which bottomed in March, has begun to outperform the S&P 500 Index (SPX). The S&P has been rallying along in excess of a 30% annualized rate of growth over a 200 day average. In this post we’re using a real simple signal line – aContinue reading “Gold Miners Index vs. S&P 500 Index”