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#1 .Blizzard

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Posted 15 September 2020 - 12:14 PM

 @ 11478 Dec

 

I expect 1000 points down.  Target 10400

 

Possible other 125/150 points up


 
 
 


#2 linrom1

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Posted 15 September 2020 - 12:51 PM

 @ 11478 Dec

 

I expect 1000 points down.  Target 10400

 

Possible other 125/150 points up

I am only scalping- no guts, good luck to you.



#3 redfoliage2

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Posted 15 September 2020 - 12:58 PM

 @ 11478 Dec

 

I expect 1000 points down.  Target 10400

 

Possible other 125/150 points up

Time frame?  I'm sure not in the next few weeks.



#4 .Blizzard

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Posted 15 September 2020 - 01:21 PM

 

 @ 11478 Dec

 

I expect 1000 points down.  Target 10400

 

Possible other 125/150 points up

Time frame?  I'm sure not in the next few weeks.

 

Hard to say. Really

 

I think max 6 weeks, but it could happen anytime


 
 
 


#5 steadyquest

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Posted 16 September 2020 - 01:40 AM

NDX-GOLD-DAILY.png

 

 

NDX-GOLD-WEEKLY.png



#6 redfoliage2

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Posted 16 September 2020 - 06:18 AM

The trough in early Aug on the ratio chart is caused by the surge in gold with no such a deep trough in NDX.  There is no true relations between NDX and the ratio chart ......................



#7 steadyquest

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Posted 16 September 2020 - 08:24 AM

It is my opinion that gold is the true cash alternative to NDX and everything else - including all fiat - so I guess we will just have to agree to disagree.



#8 redfoliage2

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Posted 16 September 2020 - 09:29 AM

The untold truth is that gold is the natural enemy of the Fed.  The Fed has tools to control gold price.  So gold price cycles with the Fed policy cycles ...............



#9 steadyquest

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Posted 16 September 2020 - 10:25 AM

Well they had better get with the program then hadn't they? - time's a wastin'.  (I thought it was an often-told truth that gold is the natural enemy of the Fed)



#10 redfoliage2

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Posted 16 September 2020 - 10:42 AM

That's why since gold last peak in 2011 NDX has gone up more than 400% AND GOLD price still about the same, so there is no relations with each other.   But I see both have more rooms to go up making new highs before the pandemic finally gets under control ................


Edited by redfoliage2, 16 September 2020 - 10:50 AM.