Monday, April 24, 2017

04/21/17 Chart of the Day #GSR #JMR

Chart of The Day
The juniors to majors (JMR) and gold to silver (GSR) ratios, important components of precious metals (gold & silver) timing, are tracked in the Matrix. Precious metals traders, especially the bulls, should have recognized the JMR's bearish crossover on 4/14 as a risk-off trend.

Another aspect of precious metals timing is the gold and silver ratio (GRS). The GSR bullish message is tempered by the JMR's bearish one. Alignment of price, leverage, sentiment, and intermarket trends is the key to defining risk-on or risk-off. Powers trends often show total alignment.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.