Turn money into gold and gold into money at Gold Trading Academy. If you have spendable money, come trade gold! Come visit my website Gold Trading Academy.
Turn money into gold and gold into money at Gold Trading Academy. If you have spendable money, come trade gold! Come visit my website Gold Trading Academy.
Many thanks again for the analysis. I took my chances with this market and have done very well. As I promised, I am no longer bullish with the election coming. I'm out on Monday a.m. Made great gains in gold and in the stock markets over the last 6 months, thanks to your help and insights! Much appreciated.
I like to use the Aroon indicator(25) for timing the markets on a weekly basis and this indicator has turned positive recently for the major indexes. It doesn't mean we can't get a market correction but that correction would be a buying opportunity. It never gets one in at the bottom but does a fairly good job of getting one out near a top.
@jjoyners Versus you I'm expecting an initial shoot up followed by a larger sell off. Probably 38,2 % from the future peaks. DJI & COMPQ Weekly green Aroons are at 100, as you stated, but the SPX and RUT are at 0 at this point. I think what's more important is that with the exeption of Nasdaq, all stochastics fell deep below 80 and pointing downwards with MACD negative divergences wide spread. To regain momentum, all indicies would have to have afterburners running for 3 consecutive days.
@bebigeli -Yeah, everyone seems to pointing to 1222 as a magor pivot point, then maybe your 38.2% will be a correction low. Some seem to be looking at 1136 and 1168 as low pivot points.
@jjoyners Continued: by the end of the week the uptrend could be resumed. In conclusion I'm planning on first riding a wave down with shorts and then gradually roll into counter direction stocks on the way down.
I think the Fed will limp in and dissapoint the markets. We're playing the fed at this game of poker and they need kill the commodity rally. If anyone is unsure how the fed works search youtube for "Max Keiser talks about government market manipulation"
Turn money into gold and gold into money at Gold Trading Academy. If you have spendable money, come trade gold! Come visit my website Gold Trading Academy.
THERollyboy123 4 months ago
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Turn money into gold and gold into money at Gold Trading Academy. If you have spendable money, come trade gold! Come visit my website Gold Trading Academy.
123THERollyboy 5 months ago
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ablfuturestraders 1 year ago
Great vid.
rundatrack 1 year ago
I'll be there :)
danielapelt7 1 year ago
Many thanks again for the analysis. I took my chances with this market and have done very well. As I promised, I am no longer bullish with the election coming. I'm out on Monday a.m. Made great gains in gold and in the stock markets over the last 6 months, thanks to your help and insights! Much appreciated.
Stoneyridger 1 year ago
I like to use the Aroon indicator(25) for timing the markets on a weekly basis and this indicator has turned positive recently for the major indexes. It doesn't mean we can't get a market correction but that correction would be a buying opportunity. It never gets one in at the bottom but does a fairly good job of getting one out near a top.
jjoyners 1 year ago
@jjoyners Versus you I'm expecting an initial shoot up followed by a larger sell off. Probably 38,2 % from the future peaks. DJI & COMPQ Weekly green Aroons are at 100, as you stated, but the SPX and RUT are at 0 at this point. I think what's more important is that with the exeption of Nasdaq, all stochastics fell deep below 80 and pointing downwards with MACD negative divergences wide spread. To regain momentum, all indicies would have to have afterburners running for 3 consecutive days.
bebigeli 1 year ago
@bebigeli -Yeah, everyone seems to pointing to 1222 as a magor pivot point, then maybe your 38.2% will be a correction low. Some seem to be looking at 1136 and 1168 as low pivot points.
jjoyners 1 year ago
@jjoyners Continued: by the end of the week the uptrend could be resumed. In conclusion I'm planning on first riding a wave down with shorts and then gradually roll into counter direction stocks on the way down.
bebigeli 1 year ago
@bebigeli -Very good points but I think the weekly Aroon will remain positive during the correction.
jjoyners 1 year ago
Thanks for doing gold.
nmreich 1 year ago
I think the Fed will limp in and dissapoint the markets. We're playing the fed at this game of poker and they need kill the commodity rally. If anyone is unsure how the fed works search youtube for "Max Keiser talks about government market manipulation"
sang3Eta 1 year ago
Great post . Thanks
prudentinvstr 1 year ago