RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Gold v Gold Miners & Silver v Silver Miners
There is some cross over between previous metal miners. They don't always nearly fit into separate categories, especially for platimum. Also, I've not update the lists recently. However, I thought I'd show the charts of these metals versus their miners. Gold and silver may be breaking into Stage 1. For all these metals the Weinstein Momentum [4] and 1% A/D [6] are below zero but the latter have moved up toward the zero line to some extent, if it crosses then that is a good indication for the miners.
For all the metals their miners % stocks above their 20, 50 and 200 day EMAs has risen. The Silver Cross Indicies [14] have generally moved up, but with a fall back for some. THe Gold Cross Indicies are at around the 30% levels but low.
In general it looks like the breadth for the miners is strengthening.