S&P on the way to a new low before the secular bull market.

S&p reaches the highs according to the sentiment indicator but I am still waiting for the daily stabilization that should arrive in the coming weeks to take the profits on the gold short and the index long before its fall around 2930 area and the new low before the secular bull market.

Comment:

The take profit signal is not here yet.The original rectangle could be extended.

Comment:

The daily stabilization is here so I take profit for S&p.
I still wait for the take profit on gold short.

Comment:

I took my profits on short gold at $1545 because the price of gold is not following the desired path. It looks like the bubble case of 2011 and therefore the opportunity for gold short will only come later.