Still no major crash and increasing . Next is Aug. 11, which is a likely signal, but I believe the price will begin moving before then, followed by a stronger bull move at the time.
In the meantime, we may experience one more leg down via the I drew, which is still in effect. This market has to decide whether it wants to go full bear or return to bull, and I don't believe it will be able to move past strong support at 550-560.
Input and donations are always welcome:
It works particularly in markets that are emotion-driven and seems to be a better indicator in commodities than in stocks. Since there seems to be a lot of emotion at this point, I think the lunar cycles over the last few months have been rather good indicators, as you can see by my chart. There are also other planetary aspects and positions that you can watch for, Trend changes tend to be strongest on days when there are many planetary phenomena occurring at the same time. I keep track of mostly moon phases, lunar declination (the angle the moon is to the earth's equator), and apogee/perigee (how close/far away the moon is to/from the earth).
I am sorry I forgot the name of the book I learned this from, but here's a good article on the matter.
Take care and follow me if you like my ideas :)
And I couldn't mention the fact that Moon is one of the stranges space object in our Solar system.