ALERT Feb 15, 2016
Gold
As discussed in the blog heliocentric Mercury often
coincides with sharp moves in precious metals. I'm looking for a sharp move
down.
If Gold goes down this coming week it would be good
timing for the crest of the second nominal 6 week cycle of the nominal 18 week
cycle. We are 11 weeks along in the nominal 18 week
cycle.
SP500
I was looking for Feb 15 to be a significant day and was
leaning to it being a high for the 45 cd cycle. As discussed many times all
dates are +- 2 td's at a minimum. It is quite possible this cycle inverted and
Feb 11th may have been the low for the 45 cd cycle.
If this is the case we may see a strong move up this
coming week in the main U.S. markets. We should know in the
first hour of trading on Feb 16th. If there is a strong move starting on Feb
16th I would look to Feb 19, 22 to be the end of the move and probably down from
there.
In bear markets we often get short, rip your face off
rallies. These are shorting opportunities.
I would also expect crude to rise for nebulous
reasons.
Good luck and good trading,
tradingdaze
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