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shtcoinr
Aug 6, 2019 11:38 AM

Welcome to the crash! Short

DJI/XAUUSDTVC

Description

Looking at the DJI priced in dirty fiat might give you the impression that we are close to all time highs. But if you look at the DOW priced in money that holds actual value then you soon realize that we are on the verge of breaking down from this giant head and shoulders pattern.

Comment

We broke below the zone, lets see if we can get a close there.

Comment

Very nice rejection of bear territory but thesis still valid until we break the trendline

Comment

Breakout! Looking for a nice round retest

Comment

The retest is under way but looks like there are too many buyers, unless there is a huge gold rally incoming then I don't see how this is going to produce any significant bounce or continuation downwards.
Comments
SloppySeconds
Excellent chart. Where I can I find your GMAC indie?
SloppySeconds
@shtcoinr, Thank you. I'm looking forward to digging into those indies. Nice work!
transparent-fx
i'm happy to see you are sharing your view, in the end this is a growing community and sharing is a great part of it, i also share a lot of valuable content go check it out i'm sure you wouldn't regret it
shtcoinr
@transparent-fx, comments like these are the scourge of internet
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