GLD / UDN
GLD bounced off the zombie neckline from 2008-9 to the penny. The pattern just looks aggressive as hell to me. I do wonder if we pop up to 138 and then drift back to 115 in the second half of the year to mirror the left side of the pattern. It’s just a very loose hypothesis and maybe taking the symmetry idea to far. I have to imagine the bull will buck hard once more before THE move but happy to be wrong on this.
Thank you Schism. Looks good!
Tooke me a couple reads to see you are Bullish PPMs here.
Me too….”cautiously optimistic ”
Too many beat backs over the years
🙂
Tooke me a couple reads to see you are Bullish PPMs here.
Me too….”cautiously optimistic ”
Too many beat backs over the years
🙂
DOES NOT look good for the dollar that is for sure!
My theory could be thrown into the trash bin of false prophecies here in a week…
I just, from the worldview I have, and from the charts think this is the way it’s gonna happen. Just believe it to my core.
Find out soon!
Thanks for charts Sir Schism,
Chuck
Thanks Schism. Nice cup and handle on the first one.