The dollar will need to rally versus the yen if this stock rally is to continue.
click chart to enlarge The Nikkei should jump tonight.
click chart to enlarge Get a room you two!
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Category: Silver
Brexit, Pursued by a Bear
Extra credit if you caught the literary reference in today's title.
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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The five tops hang from the Spiral not unlike an Alexander Calder mobile.
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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.
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.
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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