Thursday’s post noted the intraday net line sell would likely result in a daily net line sell once the intraday target was hit. That daily net-line close below 2094 occurred today, and this net-line sell has a target of 2023. The market is deteriorating very quickly following this Spiral Calendar top. If we are only three days into a three week move, there will be significant damage.
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Add up to a sell now.
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Unfolding perfectly here.
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The intraday 135-minute RTH eMini chart issued a net-line sell this morning. The target is now at 2085.
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If that 2085 target is reached in the next few days, it implies a likely trigger of the 2094 daily net-line. A confirmed sell on the daily will target 2020, or a 4% decline from current levels.
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The combined Solunar/Tidal is a few days away from a very negative, three-week period.
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The long-wave bear market ended in November 2015, defined perfectly by the Spiral Calendar.
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The pair of consecutuve range bust acceleration bars on monthly chart is very strong long-term signal.
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Solunar Model seasonals have turned positive.
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Gold lags dollar yen.
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Three buy indications within a span of three bars on the daily chart.
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Three day new highs up into potential top territory.
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The timing argument for a top is inside for subscribers.
click chart to enlarge The Money Printing Pump - not bearish. The bankers are getting less bang for their buck here though.
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click chart to enlarge Gold is cheaper AFTER it went up $30.
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