MAYBE AS LOW AS 4125 BUT THAT'S MORE LIKELY ON WED VS. THURSDAY.
Notes:
1. The reason is the short and intermediate curves want to test the high again in early July.
2. This should happen as gold test 1740s/1720s.
3. I should say that I have REALLY done the home work on the gold call (post #001), only roughly speaking for S&P 500.
4. Please like for support.
Notes:
1. The reason is the short and intermediate curves want to test the high again in early July.
2. This should happen as gold test 1740s/1720s.
3. I should say that I have REALLY done the home work on the gold call (post #001), only roughly speaking for S&P 500.
4. Please like for support.
Note
5. This is a detailed projection with relatively high confidence, with the caveat that where I have ran projections for gold prices since the 1940's (year not price), I have only run the generic projection for S&P 500 since 1998. Furthermore, S&P 500 prices have been acting very unusual even for equity indexes for the last several years. Kind of like the way oil has been going since it dropped into the negatives. Current projection (longer term), say A GIANT CORRECTION STARTING MAY 2022. Until then, whenever it looks too moderately/intermediately weak, it may still break up. SO:
A) this projection requires it to start dropping by 8 PM ET tonight.
B) if it shows no weakness in 16 hours (still 4240), this call is invalidated.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.