Fractal777

Fractal777

Markets just had to rise as tradition expects this week. Expect a kiss back to underneath the red line. The breakout and close above the the down trend line was my signal to take short profits. Another short opportunity will present itself. Watch the red line to fade it. We sell the rallies now.

Fractal777

Thank you for taking the time to read my idea, I appreciate your support. Silver blasted through the resistance line on the 4hr as expected. Stock markets will hold off any plunge until after the holiday...supporting silver. Minor wave 5 up within wave 3 up is here! Wave 5's in precious metals are powerful. Moving past $19 will ignite this market. My initial...

Fractal777 Updated 

Thank you for taking the time to read my idea. Today we have the ultimate short setup and huge potential. Yesterday we spoke about waiting for a close below the red line for confirmation. This is as clear as a bell to enter as you get...your stop is a close above todays high. High probability of follow through action. The coming plunges will be very violent like...

Fractal777

Thank you for taking the time to read my idea. Silver is rapidly approaching it's decision time. A clear break either way with a solid 4h candle close, should decide it. My bias is towards an upside move....but we MUST be patient. The markets are heading south, a crisis is likely. Silver may again be dumped like March as margin calls explode. Although my...

Fractal777

Thank you for taking the time to read my idea. The markets decide their not ready to roll over again as the uptrend line holds. This red line is critical to the near future...any solid close below it, is a resumption. We currently have minor wave c up and my last position was closed out early Monday. Social mood, courtesy of the media are turning negative again...

Fractal777 Updated 

Fridays action continued the bearish slide. Note the fake out move which did not close above the line. This failure caused an immediate reaction to sell the rally. Lower highs and lows point south until invalidated. This setup is classic in that your objectives to exit are clear...the trend is your friend. Market closed on it's low with rising volume....this is...

Fractal777

Violent rallies and plunges characterise a bear market. A clear five waves up were met with heavy selling and followed by buying. Market may have completed its ABC counter move. Not much more in this tank. Taking additional short position. Whatever is waiting...it's big.

Fractal777

Buy the dip is alive again as the Fed announces another support program. Creating the illusion that they are "keeping you safe". Can be punishing rallies...looks to be 5 waves down complete....an ABC rally towards 26K 26400? The optimum period is coming...

Fractal777

Sometimes perfection is needed before reality strikes. Sunday past I warned of a Red Flag situation as disbelief that a depression is coming. Yesterdays mauling was exceptional and brutal...a violent plunge. Extreme negative breath is your key to what's unfolding. The ABC is over and major Wave C down is upon us. This wave WILL be a crashing decline below the...

Fractal777

The market is very overbought and believed, but it ignores reality. Bears were mauled again on Friday and the wedge was blown up by the shorts. Many are calling ATH for these markets and this could happen. Often, capitulation is met with a turn or very close. Fridays high was met with selling, let's see whats next. Disbelief that a depression is coming will be...

Fractal777

Imminent topping action is occurring. A firm close below the lower black up trend line will confirm. Alternatively, the current price is extreme and a low risk short entry. We can see the rally is squeezed. Is there some black swan event coming to trigger the break? A clear ABC is in place...a powerful WAVE C down will take stocks below the March lows.

Fractal777

Bear market behaviours are to bring us all down. Just when it appears the bulls today are unstoppable, the all clear signs are waved and some more capitulate. Hold off on using all that ammo and patience will be rewarded. Sub minor wave 3 looks to have topped and a small correction is coming, final wave 5 top is getting closer to the ultimate conclusion....

Fractal777

Silver is playing catchup with gold. Beaten down in March to insane prices. There are roughly 15 times as much silver on this earth as gold. Today the price manipulation is 98:1...staggering! Reality will hit the markets and chaos will reign supreme. Wave 3 could halt around $19...but can easily overshoot or explode higher. A further target minimum of $25 should...

Fractal777

Grinding higher to resistance 25800 ish....minor wave 3 up can stall here. Minor wave 4 down to be followed by one last minor push, wave 5 top! Belief is back and no worries here, they think. Divergences are growing. Once this market shows clear indication of exhaustion, an ABC completion and topping action...we will have one of the greatest shorting...

Fractal777

Continuation of upward trend should resume soon. Last week saw a premature gold breakout fizzle as the indices soared. The trigger is coming.

Fractal777

Gold supported at the red line coupled with a bull flag continuation pattern. This is extremely bullish and a break of the upper declining line will confirm. They can print the stock market but not gold or silver. Tens of thousands per ounce can come to those with patience and control. We are living in an engineered reset.

Fractal777

Optimism soars as miracle cures for the economies spread....shorts cover. Bulls not going down without a fight as the final minor wave C unfolds. Humpty Dumpty had a great fall...can the FED put it all back together again? Not for the extra 40 million out of work in the U.S and climbing...suicidal and engineered. One market that will prove the deceit is precious metals.

Fractal777

Gold has clearly broken out of it's compressed pressure. Will take more than a needle to burst this coming monster. Support is a chance to enter for those who opted out...give or take some. Goosing the markets does not fix the declining economy...gold & silver are real.