Here is his post at the Chartology Forum Last Nite

And true to his word he loaded the NUGT Boat this morning at 3.07

Way to go Sir Plunger winning from both sides of the beast is very rewarding

To see Plungers calls in real time one needs to be a member of Rambus Chartology

He will however continue to post his big picture work here at TA Paradise .

, Gallo mentioned revisiting my down side price objectives so I just have. I arrived at this new possibility, we may be at an interim price objective followed by a sharp short squeeze. I don’t have a strong conviction at this time, however we seem to have reached a confluence of downside measurements. First off as Rambus likes to say, no one in the world is seeing this except on this site. Because if my hypothesis is correct that phase III actually started in October and we actually just nested under the 18 month consolidation for 7 months while we built out a H&S then if these patterns are valid (you decide) then 3 measured moves all point to a bottom right here right now.

I don’t think it is the ultimate bottom, that comes later but we may have a bottom for the interim. The way to play it would be if we have an intra day reversal tomorrow. Fridays are well set up for this. We could then embark on a short 2-4 week squeeze to the upside.

Here is the big picture chart then the expanded version with the colored measured moves.

sc-1422 sc-1423