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Posted 13 March 2019 - 02:25 PM
Not setup for pics at the moment, but a started 02/01 and c (which is much longer) ended 03/07 on GDXJ. The subwaves are countable as 3-3-5 that way. The end of c coincides with the back test of the broken trendline I mentioned yesterday.
Edited by hhh, 13 March 2019 - 02:31 PM.
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Posted 13 March 2019 - 02:43 PM
yeah, sure. But time wise isnt the other count more elegant?
The overall 2 would be a bit short too.
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Posted 13 March 2019 - 02:52 PM
I agree on the time. By short, do you mean amount of correction in %?
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Posted 13 March 2019 - 02:53 PM
and the amount of time
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Posted 14 March 2019 - 08:21 AM
Looks like up to me. Is your opinion based on TA or gut feel?
Both. Elliot count too.
But as I say I am not married to that.
if my gut is right down should start in here somehwere
Bingo Dougie, I am seeing around March 25 as the coming low now, then it should rally into summer...
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Posted 14 March 2019 - 10:28 AM
russ i have a very similar set up . i have the turn starting saturday, but it seems to have started today. i do think last night was your typical bankster bombing run
dont know if its brexit related may has done all she can to sabotage brexit last time there was a big stock market collapse around brexit
.interesting times
dharma
Edited by dharma, 14 March 2019 - 10:29 AM.
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Posted 14 March 2019 - 05:33 PM
russ i have a very similar set up . i have the turn starting saturday, but it seems to have started today. i do think last night was your typical bankster bombing run
dont know if its brexit related may has done all she can to sabotage brexit last time there was a big stock market collapse around brexit
.interesting times
dharma
Ok Dharma, good to have company and I see Eric Hadik is looking for a mid march low in the xau, but it looks like he will be about a week early. Russ
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Posted 15 March 2019 - 09:38 AM
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Posted 15 March 2019 - 12:04 PM
yes stocks have another week or so too
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Posted 17 March 2019 - 03:21 PM
it sure looks that way gannman
every republican president from reagan to the present has seen a big dollar down trend during their stay in office. i believe we are about to embark on that under trump. a top in the broad market and a dollar decline should provide a friendly backdrop for a larger gold advance. next week the fed meets. so i expect quiet gold market until they announce. make no mistake the fed is trapped they will not be able to leave the market
1700 by october is my target
we shall see
dharma
weekly close above 1300 sector looks good to me
platinum still way undervalued imo
Edited by dharma, 17 March 2019 - 03:24 PM.
