- The Melt up continues but we are still in this first 38% Time & Price Retracement window where the Market could turn. If it doesn't turn the Market can run another 2 Months before hitting the next High Probabilty turn window.
- It feels like that Sep OX (option expiration) and the action around it will shed light into the dark....
- Will Gold fly from here ? It could, but pls bear in mind that the most dangerous moves come from failed Patterns that the main street (HERD) follows, like the major inverse Head & Shoulders Pattern in Gold.
- be careful out there....
(the posting has been light the last couple of weeks which is a function of a host of other projects I'm involved in. There is so much to blog these days like the FLOW data, Credit data, Breadth data....which I hopefully can provide again in the future.....thx for your understanding)
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