Our FibTime Cluster hints at some important cyclical point in time around Aug 22.
The real story yesterday was the renewed flight for safety trade out of Euros into Gold...
On a Dollar basis Gold defended some Ground which is impressive.
What does it all mean?
Answer: Stay on your toes... anything can happen here from a parabolic upswing to a breakdown and all this happens around an OPEX !!
(Base Case: Consolidation down/sideways into Aug 22 with a bullish resolution -THIS IS NOT YOUR 89% BaseCase, more like a 25%....)
No comments:
Post a Comment