The Crypto Currency Mania & The Spiral Calendar

The premise of the Spiral Calendar is that emotional market events are not random.  The Spiral Calendar is least effective in controlled markets absent of volatility.  The tool's best successes have come during periods of manic or panic behavior, where those who utilize it gain insight into potential end points of that "extraordinary madness of crowds."

With the crypto currency "markets" (I use the term loosely) clearly exhibiting manic behavior, it is time to look to the Spiral Calendar for insight.

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MisGoldceptions

Lots of gold bears - and that's fine for the short-term.  Gold bears are all pumped about a dollar rally.  And yes, the dollar looks ready to move higher against the euro.  But the gold correlation is dollar yen, not the euro.

click chart to enlarge

click chart to enlarge

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