This Spiral Calendar chart deserves its own post. It is a thing of beauty. I'll be back this evening with a video update.
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Tag: Subscribers
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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Softening
Prices are softening. I'm expecting some weakness over the next few sessions.
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Month’s End
Cheap Buck
This week sees both Solunar and tidal forces pointing down together for stocks. Some weakness expected, charts are inside for subscribers.
click chart to enlarge The buck is cheap versus the yen on a relative money-printing basis.
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Either gold or the dollar is cheap here - pick one.
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It’s Still May
May is too early for bears, no matter what that Wall St. nursery rhyme says.
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Breadth Won Out
The 5-day breadth oscillator for the S&P 500 remains a favorite indicator.
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