if you want to trade the stock market you must be quick at changing your mind when the market is proving that you are wrong. I posted a study hypothesis that was considering 

 

a good dip unfolding in coming days, followed by the last leg up. ALL WRONG. We're already in the last leg up and it will be persistent and will defeat  every market shortists. But given that 

 

at the end gravity always win, the LT market TOP that should occurr in February-March will easily erase all the artificial gains we will have in between now and then and also

 

a lot more than that. My latest idea. 

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After Douglas mentioned the Inverse H&S on the Dow. I noticed one on the Russell 2000 today. Have not looked at it prior.

The lower inverse head and shoulders projects to a breakout of this head and shoulders. PE-wise it is cheapest.

(Kitco News) – The global goldmarket is reeling at the implications of yesterday’s shocking revelation that the United States has imposed import tariffs on gold bars from Switzerland. 

According to a letter from U.S. Customs and Border Protection dated July 31st, 1-kilogram and 100-ounce gold bars will be classified under a customs code that subjects them to costly tariffs, with Switzerland's recently announced 39% tariff rate among the highest the Trump administration has imposed.

The news drove Comex gold futures to a new all-time high of $3,534.10 shortly after 6 pm EDT, and sent spot prices rocketing through $3,400 per ounce. But industry experts say that while the initial market reactions were dramatic, the long-term impacts of the tariff ruling could reshape the global bullion market altogether.

 

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Check out past Poll results here: http://www.traders-t...n-poll-archive/