Many traders rely on trend-following tools like the SuperTrend to manage their entries and trailing stops. The SuperTrend is undeniably effective at keeping traders in prolonged moves, but it suffers from being mathematically rigid. A standard SuperTrend multiplies the Average True Range (ATR) by a fixed constant (for example, 3.0) to trail the price. It does not care if momentum is accelerating effortlessly or if a reversal is imminent; it blindly maintains its fixed distance until the price ...
In my latest interview with Steve Yang from Natural Resource Stocks, I walk through the charts behind gold, silver, miners, the U.S. dollar, equities, AI momentum, and why cash can be one of the most important positions in a portfolio. I still believe gold is in a major long-term supercycle, but the short-term charts are telling a different story right now. When I look at ...
In this interview with Stijn Schmitz on Palisades Gold Radio, I walked through what I’m seeing across the broader market, and the message is mixed. Stocks continue to grind higher, but the strength is not broad-based. Much of the move is being driven by technology, small caps, and micro caps, while other areas of the market are not confirming the same level of strength. To me, that type ...
In this interview with Darrell Thomas at VRIC Media, I break down the recent parabolic move in silver and why this type of price action has only occurred a couple of times in history. When silver accelerates in this fashion, it often signals a late-stage emotional surge rather than the start of a sustainable advance. We walk through how the current setup compares to 2008 and the ...
We wrapped the week with a textbook case of FOMO chasing right into a Fibonacci target — and then, as expected, the sellers showed up. The measured moves we’ve been tracking continue to act like magnets for both panic and greed, and today was no exception. more...