Fractal777

Fractal777

Another week of record gold prices, the media attention phase has properly begun. Monday's pop higher above the trend line shows acceleration, today's pullback was perfect in kissing back that trend line and another long entry. We are in a larger wave 3 up, within that wave we are in minor wave 3 up, still waves 4 and 5 to finish this strong move...at some point...

Fractal777

The past few weeks have caught out many bulls as Trump tariffs wreck the markets. 41K support today may just be the bottom, this area must hold, otherwise we are heading not just for a correction but a bear market. The falls have been consistent and steady, no real plunges which points to a correction, although we do have a double top from the Dec highs and early...

Fractal777

Friday's action saw a solid rally and pivot, fuelled by shorts covering. Expect a rally from Friday's low to continue for a few weeks at least, a possible ascending triangle in the making, any breach of Friday's low would suggest the top is in and a bear market in the making. Gold was hammered last week, that is good news for those eager to buy either leveraged...

Fractal777 Updated 

The Dow will conclude years of a bull run in the next few weeks, a very last push to new highs...by March, the top should be in. Gold's rally the past few weeks should take it to $3000 U.S or more...coinciding with the markets last push. Trump's tariff campaign will only ramp inflation, long term pain will come and he will be remembered for all the wrong...

Fractal777 Updated 

Another great week for gold bulls, a shooting star candle to finish Friday, likely pullback next week and a small correction before resuming the upside thrust. To attempt to put into context of what is occurring, we have to look at the bigger picture. The current wave up has some way to go, this minor wave 2 correction coming will be followed by a powerful rally...

Fractal777 Updated 

Long gone are economic data which should be bullish for stock markets and instead have become bearish, yesterday's jobs number was too strong, lesser chance of rate cuts this year...it's all about the debt and managing this enormous pile of borrowing binge...the reality check is approaching fast. The Fed has of course trapped itself, buying of all securities for...

Fractal777 Updated 

Another year, another pumped and manipulated charade. Some observers called a melt up move for 2024, instead, we got a rally of around 10%...too much weed being smoked. The 18th of Dec witnessed a 1500 point decline, that was your big guns spitting the dummy. The first wave one down and subsequent wave two ABC up either finished or another small move up to...

Fractal777 Updated 

Some believe gold has finished it's bull run, old hat from the late 70's folks say they have seen this before and calling a crash. The Oct/Nov highs were ripe for a correction only, a wave four sideways triangle. This building structure has perhaps only a matter of days before breaking out, buy at today's support or wait for the upper breakout for...

Fractal777 Updated 

The Dow finished up on Friday, but off it's high as selling came in late...notice the sincere break of the trend line last week and Friday's action came back to kiss the under line..odds are that this week coming is down. Just a few days until the big show, the outcome has already been decided, they are selected, not elected. Whatever the outcome of the theatre,...

Fractal777

Our top trend line has been touched a few times and rejected now, three days of falls could be the catalyst of the top being in and the early beginnings of a major turn down. Down days repeatedly see increased volume compared to light volume on up days...usually the market hold up until the Punch & Judy show in November. They don't ring the bell at the tops, lets...

Fractal777

Another week and another rally based on hope, our trend line has been touched courtesy of the Fed's juicing, or should we say, their admission that the U.S economy is in sincere trouble. The big question now is, will it reverse down from here or one last and very final push to the next trend line, around 700 points or so... this one is 50/50. Most bears have...

Fractal777

The past week and into this week coming should see a continuation of the rally, we know the Fed are going to cut, only because the economy is breaking. We watch the top red line, another 1% or so and that should be very close. Some are calling for an everything melt up, but remember, the Fed cuts after a raising cycle and the stock market and economy tanks. The...

Fractal777

Each and every end of a rate hike cycle has been met with economic recession or worse. The Fed will cut and the markets will implode, why? because the damage has already been done. All the fudging and manipulation the past few years will be exposed, GDP growth is a farce, high inflation has eroded your purchasing power for three years. Wages are rising a fraction...

Fractal777

The Dow had a volatile week, Friday's action, a red Doji candle... bearish! Our actions are to sell strength or rallies, notice how the market retraced 38.2% repeatedly? It is struggling, Thursday's rally was driven on short covering, volume is low on the rallies. The question is whether this is a minor wave 4 and wave 5 to follow or we have had only wave 1 down...

Fractal777 Updated 

After what seemed eternity, stocks have topped across the board, never ending rallies, fed on nothing but hope that the Fed will cut, we repeat, the Fed does not or will not cut until the economy is in recession. Red warnings have been here for months, volume this past week was way above average in the heavy selling. Folks are getting out of the Nasdaq hyped...

Fractal777

Risk is growing each week in stocks, months of hope that rates will be cut are nothing more than a mirage. This constant sideways action will resolve itself very soon, only a handful of stocks are supporting markets from collapse. We have spoken many times of some event that spooks the markets, we also warn that whatever eventuates, this will be a cover or blame...

Fractal777 Updated 

Markets have topped out after months of belief that the Fed would drop rates. The Fed will NOT drop rates until the economy is in recession and the markets collapsing...that is how they function. An initial selloff into mid April has been met with a weak bounce so far, this is your prime moment to load your shorts and prepare now for the mother of all bear...

Fractal777 Updated 

Wave three down continued last week without pause. The Dow down, especially heavy on Friday, expect at least some follow through...perhaps a bounce for a few days to relieve the selling pressure. There is no doubt what situation we are in regards the waves down, it's just a question of when the capitulation phase hits, we wait for the "MSM" to announce it...