Either you kill gold bull market today, or everything on list above is going to happen. 1) this is not a debate 2) this is just a math problem 3) fundamentally, why would gold bull end? 4) I don't claim to know all the fundamentals 5) but from technical stand point 6) this is dead last route for gold bull market as a whole 7) not just "a rally on the way" 8) bears have 6 hours before the kill the gold bull market 9) so obviously I choose 3000 by Halloween
บันทึก
6:44 AM ET, I only realized that today. 1) the last option to be on time for a rally to 2720 to 8/2 2) it has to be higher to compensate for being late 3) AND IT ALSO HAS TO MAKE 1 MEASURED MOVE HIGHER IN 3 MONTHS 4) so that's how you get 3000 on Halloween
บันทึก
บันทึก
1:09 PM ET 2301.XX 1) if you play chart at top, price did take the first rout 2) 2300 check 3) 2295 check 4) I have channel top line 5) so new schedule is: a) 7/5, 2400 b) 7/12, 2500 c) 8 7/26, 2600 d) 8/2, 2720
บันทึก
6) so we are missing one move we have to wait for 7) that move gives us the bottom half of the channel 8) and tells us what 2-way vol should look like for the run to 2720 on 8/2 9) and technically, the other choice is bull market is dead 10) that has to be proven too one way or the other 11) and here's how we go about this:
บันทึก
12) obviously if price takes route in chart above, that would work 13) but that's not "the absolute dead last choice 14) it seems like price wants to be on the verge of elimination of the bull market 15) as a whole, and we aren't quite there yet 16) how do we know? 17) for the size of this rally channel should be 120-pts ish 18) that's the average for 2-way vol 19 so given that:
บันทึก
บันทึก
12) continuing in chart above, it's 2301.xx and we have 420 pts under 37 days 13) ahead of us 14) if bulls give us the signal 15) what is surprising about this whole thing is 16) we are approaching bull market elimination 17) you can prove this by layering trends from the top down 18) from Sunday 6/10, I have hunted this move on the basis that we have a bull market 19) that basis is now 51/49 and approaching 50/50 today
บันทึก
3:53 PM ET: BULL MARKET FACING ELIMINATION:
บันทึก
1) in chart above there are 3 routes 2) blue route is from chart at top 3) it's dead now 4) so one of two things happen here 5) if price swing down hard like gray 6) breaking 2286 for 24 hours kills the bull market 7) in theory, as long as price remains in that channel up to 7/3 8) there's still a chance of a comeback 9) liket this:
บันทึก
บันทึก
10) black example in chart above is theretically possible 11) but odds are really low of pulling through 12) let's call this THE 2265-2700 ROUTE 13) at last is yellow route: