12 MONTH BASIS WITH SUPERDETAILING #4, 3250 BY 3/28-4/4

748
The route price is taking means 3250 soon. There is not a lot to discuss except detailing the move up. These five boxes are my best gauge of this pattern right now. Will add more when I can.
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almost 9 PM ET, 3/19, so chart above is my best right now...

1) it's going to 3110-3120 before it takes a break
2) the current picture says by Friday NY open or 9:30 AM ET
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11:01, I just don't have enough time to run the multiple 8 hour scenarios here...
- that's my call in chart above
- but be careful if price tries to move under 3044 again
- in my opinion, we have eliminated the reversal scenarios today
- but going down to and staying at 3044 too long will change the pattern meaningfully
- I'm too tired to do this tonight, have a good one
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9:21, I'll add some notes this morning

1) first, price trading 3031.34 right NOW
2) BECAREFUL if under 3028 again, it makes 3005 possible
3) but bears have to PROVE IT
4) at the same, if you see 3005 ....
5) BACK UP THE TRUCK!
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6) keep in mind that intermediate trends which dictate this move call for 3240 by 3/28 or 3270+++++ by 4/11
7) this keeps the number of 2-way vol moves very limited
8) now that we have already passed the bearish FOMC setup
9) we are about to leverage up hard very soon
10) it may be today, tomorrow, or some day next week
11) a buddy asked me once how can I do analysis on the weekend?
12) answer is easy, because price is NOT moving, I have more time to review the "outcome tree"
13) best case we can hope for is 3005 with an explosive move setup
14) that's all I got for now
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15) be aware that the first box in chart at top at 3100-3122 HAS NOT MOVED AN INCH... yet
16) so hang on in there, we going to the moon, it's just a matter of exactly how
17) meanwhile, if you've been with me when I offered around the clock coverage ...
18) that's refreshed maps 3-4 X EVERY DAY...
19) ultimately that's the answer to handling EVERY TURN
20) I can't offer that until demand for it passes 12,000 per month
21) but I am working on something that works better for this process while not requiring so much time
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22) so when I can offer high value for you, either through this developing process...
23) or A VERY VERY STRONG INTERMEDIATE TRADE (ala 20% 4-8 weeks)
24) is when I plan to start this group again
25) until then, I will continue to write these posts
26) put pay attention when I give "BECAREFUL AT some number"
27) because that changes the weekly pattern meaningfully
28) but not the overall pattern
29) these moments, while annoying offer very strong weekly trade opportunities
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1) 10:53 AM ET, what does maximum leverage mean?
2) at the break of highest down trend line moments ago...
3) I bought 6 GLD 280 call expiring TOMORROW AT 1.02 each costing $612.00
4) I expect price to trade 3117 AT SOME POINT TOMORROW
5) this may even be PREMARKET US hours which is important to consider
6) bc this means if it's too early, I cannot sell the calls until market is "about to" opne
7) bc unlike futures options, which trade 23 hours, GLD options trade 6.5-8 hours depending on broker
8) so 3117 is aproximately GLD 287.54
9) meaning at perfect outcome, I would sell 6 calls at 287.54-280, or 7.54 a piece
10) return would be 4524 on 612 investment
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11) meanwhile I own 4/11 GC calls from yesterday
12) ON TOP OF MY MAIN LONG POSITION (which I hold until at least 3320 up to 4150)
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13) the box in chart above marked 3117 is almost exact SAME AS CHART AT TOP
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14) so let's discuss risks and expectations
15) with the understanding that I am...
16) super bullish gold on pretty much ANY AND ALL TIME FRAMES THROUGH YEAR 2031
17) first the (any) possible down side for the immediate picture
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18) so continuing in chart above, I'd have to be convinced to walk away from this trade
19) that "convincing" is defined as under 3034.50 AND HOLD for hours until trend maps change significantly
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20) but that also needs to happen in next 5 hours and 20 min or less
21) because I cannot change my mind on GLD calls after NY session
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22) on the down side max pain in total route tree is that box below
23) obviously, you can't get there without moving under 3036, 3034.5, and then each of those 3 lines
24) so that's how we manage that
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25) so if bears want to do anything today
26) they MUST TAKE OUT THAT BOLD ARROW IN CHART ABOVE
27) before we take them remotely seriously
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1:45 PM ET, 3039.XX here's #5, I am super excited about this move:
12 MONTH BASIS WITH SUPER-DETAILING #5, 3110 FRIDAY, 3130 SUNDAY

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