There were a few signal indications given on the candle-stick charts today.
click chart to enlarge
Gold pierced its Net Line and generated a Range Bust Reversal bar (red and white). The cycle-trap likely turns higher tomorrow putting gold on a buy signal. (3 indications within a span of 4 bars)
more inside.
Stocks, bonds, and metals declining together. What's that mean? |
The financial markets have been adrift from cycles for some years now. This week may be the sound of the cyclical forces coming back into control.
I'm going to make a long-wave argument for markets based on Spiral Calendar and eclipse cycles in future updates. But I want to spell out the bottom line here.... (more inside).