Bonds – Page 6 – Spiral Calendar

Brexit, Pursued by a Bear

Extra credit if you caught the literary reference in today's title.

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The five tops hang from the Spiral not unlike an Alexander Calder mobile.

Mobile c.1932 Alexander Calder 1898-1976 Lent from a private collection 1992 http://www.tate.org.uk/art/work/L01686

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A Matter of Gravity

I suppose the Brexit question is whether Britain can escape the gravitational pull of Europe. I'd rather watch than guess until this Brexit madness is done with.

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Weekly Update

I'm not a believer in rallies here.

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Some Reversals

Gold formed a range-bust reversal bar, but what about stocks?

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Can gold decline without a similar turn in dollar yen? I doubt it.

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Oversold but no divergence.

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Underway

Global stocks remain in the early stages of a multi-week decline. Video discussion inside.

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Coming Together

Spiral Calendar analysis, price analysis, Solunar & tidal analysis, are all combining for a clear, bearish forecast.

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Potential

It's not a screaming setup, but there is potential for a top here.

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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.

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Weekly Update

The Money Pump is still printing.

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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