Jump to content



Photo

Watch Out for June 9th!

Equity Drop Gold Rally

  • Please log in to reply
12 replies to this topic

#1 blustar

blustar

    blustar

  • Traders-Talk User
  • 6,137 posts

Posted 08 June 2017 - 11:39 AM

Good Sized Drop in Equities, Rally in Gold Near
 


Today (June 8) is the 4/16 TD top.  The next low is due on June 12. A sudden sharp sell-off in equities (likely June 9) and a rally in gold is due into Monday.  My best guess now is that we see a move into the 2380/90’s.  GDX could easily move from the 22.90’s (forecasted 2 days ago) into the low 24.00’s.
 
Below are charts of the SPX and GDX.
 
6_8_17_spx_daily.png
 
6_8_17_gdx_daily.png

Blessings,

 

blu

BluStar Market Insights Subscriptions

 

 


#2 q4wer

q4wer

    Member

  • Traders-Talk User
  • 2,169 posts

Posted 08 June 2017 - 12:13 PM

I guess that you just want to see how people react to your prediction. A few other very bullish guys have the same attempt. :)   A forum to test people's sentiment, hahaha



#3 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 1,459 posts

Posted 08 June 2017 - 12:18 PM

nothing to test. Market can only go up ;)


"we do G.d's work" Lloyd Blankfein

#4 q4wer

q4wer

    Member

  • Traders-Talk User
  • 2,169 posts

Posted 08 June 2017 - 12:22 PM

  • June 9 (61/100 Long Terms Power)
  • June 21 (100/100 Bradley Siderograph Power)
  • June 30 (100/100 Declinations Power)
  • July 4 (100/100 Middle Terms Power)
  • August 19 (17/100 Bradley Siderograph Power)


#5 q4wer

q4wer

    Member

  • Traders-Talk User
  • 2,169 posts

Posted 08 June 2017 - 12:24 PM

Tomorrow is a Bradley date, only the power is 61/100 on the long term, if it works, it might open the door to a low on June 21.



#6 lawdog

lawdog

    Member

  • Traders-Talk User
  • 1,080 posts

Posted 08 June 2017 - 01:42 PM

Blu, it seems like a while since you have gotten a call right. I'm not trying to be mean, just wondering why one can have much confidence in your call right now. Maybe I have missed something.



#7 gm_general

gm_general

    Member

  • TT Member+
  • 1,653 posts

Posted 09 June 2017 - 10:20 AM

And the VIX touches the line again



#8 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 09 June 2017 - 12:11 PM

Dangerous OUTSIDE REVERSAL IN PLAY NASDAQ COMPOSITE...

 

A close under 6282 ...

 

6266 here.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#9 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 09 June 2017 - 12:18 PM

I'll tell you how dangerous...

 

Nasdaq made the weekly high this morning

 

And the weekly low just now this afternoon...

 

Be VERY careful.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#10 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 09 June 2017 - 12:50 PM

How Dangerous?

 

EXTREMELY STRONG VOLUME....

 

If we throw out the triple witch on 3/17

 

This is going to be strongest daily volume of the year...

 

Be VERY CAREFUL...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics