Saturday, September 17, 2011

The Precious Metals are torn btw. a rock and a hard place

The Option picture is muddled right after the OPEX (Option Expiration)


The Momentum side looks like the complete opposite where when bearish indicators cannot trigger a bearish move we have to assume a bullish outcome.



...and the same must be said about the timing model where we experienced a perfect cycle inversion (meaning the turning dates were right but an expected low turned into a high and vice versa). If this continues then we should see a rapid move into the potential volatility month of October.
We could also see an end of the inversion with the Prec. Metals diving into mid October......

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