{"id":385904,"date":"2016-11-03T22:23:30","date_gmt":"2016-11-04T02:23:30","guid":{"rendered":"https:\/\/goldtadise.com\/?p=385904"},"modified":"2016-11-03T22:24:46","modified_gmt":"2016-11-04T02:24:46","slug":"ewchartologysentiment-update","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=385904","title":{"rendered":"EW\/Chartology\/Sentiment Update"},"content":{"rendered":"<p>Decided to share my thoughts even though they are probably not going to be welcomed by many.  First is my Elliott Wave software&#8217;s long term count:<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16b.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16b-300x217.png\" alt=\"xau03nov16b\" width=\"300\" height=\"217\" class=\"aligncenter size-medium wp-image-385902\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16b-300x217.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16b-150x109.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16b-800x579.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16b.png 1326w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Next a shorter term chart:<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16a.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16a-300x217.png\" alt=\"xau03nov16a\" width=\"300\" height=\"217\" class=\"aligncenter size-medium wp-image-385901\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16a-300x217.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16a-150x109.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16a-800x579.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16a.png 1152w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Now is a chart that I have to give credit to Avocado Pit, but shows what I have been looking for:<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/XAU-Neckline-BT.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/XAU-Neckline-BT-300x134.png\" alt=\"xau-neckline-bt\" width=\"300\" height=\"134\" class=\"aligncenter size-medium wp-image-385906\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/XAU-Neckline-BT-300x134.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/XAU-Neckline-BT-150x67.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/XAU-Neckline-BT.png 700w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Finally, a sentiment chart:<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16c-1.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16c-1-300x169.png\" alt=\"xau03nov16c\" width=\"300\" height=\"169\" class=\"aligncenter size-medium wp-image-385908\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16c-1-300x169.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16c-1-150x84.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16c-1-800x450.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/11\/^XAU03Nov16c-1.png 1667w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>The fact that sentiment is so high is what is bothering me.  See how even though we have had a correction, it is still almost as high as it was at the peak in 2011\/2012.  IMHO there needs to be more correction in sentiment before we head higher again &#8211; which I certainly believe we will, just not before we head lower first.  Anyway &#8211; when you add all those together, that&#8217;s what I am thinking.  As always, comments welcomed. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Decided to share my thoughts even though they are probably not going to be welcomed by many. First is my Elliott Wave software&#8217;s long term count: Next a shorter term chart: Now is a chart that I have to give &hellip; <a href=\"https:\/\/goldtadise.com\/?p=385904\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2677,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-385904","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/385904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2677"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=385904"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/385904\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=385904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=385904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=385904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}