Too early to call for sure currently its Dec 4 week,
a first high is 5-6 weeks and a Bradley for gold has Jun 21 turn date, and then the high cycles are 11-12
weeks out but can have some falling shorter cycles off the 5-6 week high, can be mixed in there.
After the next swing down in the shorter 35 and 67 weeks cycles, I would like those to take hold late after the 11 week high
so it will be touch and go between 6-12 weeks and maybe more time is needed for these cycles to adjust.
The swing up to Dec should start in 16-18 weeks.
But what if this run is huge, the 6 week high come late and the 11 week high comes early aligning for a bigger high, we might hav to take some off.
This is how it can adjust as we go depends what it does.
Very good futures tonight, I ran the weekly cycles today sometimes just a new week datapoint adjusts some, it is about same.
Was looking for a good week up with 20 day cycle maybe top next Monday.
All this stuff about the ransomware could have something to do with it, maybe money coming out of bonds with the Puerto Rico bankruptcy,
looking for a home in equity, alot of chaos apparently in central bank currency failures lets see what one more weekend chaos does if it peaks
next Monday I will rerun daily cycles, there was one more lifting cycle after the 20 day peak of next Monday so it can continue too.
And maybe some stress in BTC coming off its high helping gold.
I am staying with it for the long term not trading I want to leverage it up but I will start to look for clues between 6-11 weeks right now needs
more time. Trading to me just means reducing margin but intending to stay long all year not to miss the big one surprises up this is the year.
Edited by AChartist, 15 May 2017 - 09:41 PM.