This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
I'm still in this camp... and here's a properly drawn EW chart using Gold as the normalizing factor. Gold is also manipulated so I still prefer the approach using the "basket of commodities." In recent years RJI works for that, over long time spans there's no convenient denominator other than Gold.
Fine looking spot for a RT shoulder top. That sloping neckline us super bearish.
ReplyDeletehttp://scharts.co/1jCG0Mr
maybe 16180 ? lol
ReplyDelete"V" on Hagman & H -
ReplyDeletehttp://www.youtube.com/watch?v=jbdfbBwI-l0&list=PLRtX8DKNS2yVxUzmVUjF8MnMGi6ONuPTm&feature=c4-overview-vl
~ This time they are jumping BEFORE the crash ~
I'm still in this camp... and here's a properly drawn EW chart using Gold as the normalizing factor. Gold is also manipulated so I still prefer the approach using the "basket of commodities." In recent years RJI works for that, over long time spans there's no convenient denominator other than Gold.
ReplyDeletehttp://fifthwavefinancialanalysis.blogspot.com/
Call me crazy; call me Wile.