Jack Chan
Technical Analyst & Editor
Jack Chan is the editor of Simply Profits, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the US dollar bottom in 2011.
Jack Chan Articles
Gold sector is on major sell signal. Cycle is down. Silver is on a long term sell signal and investors should be in cash or short. SLV is on a short term buy signal and traders can play for a bounce if risks are manageable.
Some analysts have declared the bear market over in gold stocks. That is premature according to simple trend analysis. Currently $HUI is bouncing from support…but until resistance is broken on the upside, the trend remains down and the...
Speculation in gold has reached levels of previous bottoms typical of a bear market, should see a bounce in the near term.
Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on sell signals. Gold sector cycle – down as of 2/07, ending the up cycle since November. COT data suggests lower metal prices ahead.
Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on sell signals. Gold sector cycle – down as of 2/07, ending the up cycle since November.
Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on sell signals. Gold sector cycle – down as of 2/07, ending the up cycle since November.
Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on sell signals. Gold sector cycle – down as of 2/07, ending the up cycle since November.
Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on sell signals. Gold sector cycle – down as of 2/07, ending the up cycle since November.
Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on new sell signals. Gold sector cycle – down as of 2/07, ending the up cycle since November. A bear market rally has completed, short sellers should sell...
The mighty dollar had a major breakout after seven years of base building and a twenty year bear market, but many analysts continue to shun the greenback, which reminds me much of the early gold bull market in 2001 and 2002.
