Let's review Don's TRADE-MAP approach:
TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
.....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance.
When I mention "Don's Top Ten Technicals", I use the elements of the "TRADE-MAP" approach:
1. The is rising. 2. Prices have risen above the cloud (even after the pullback). 3. Prices are NOW ABOVE the thick red Conversion line. 4. The thick red conversion line has fallen with the pullback, but is now reversing to the upside. 5. The thick black line is the Ki jun-Sen baseline of the , which is rising and above the cloud. 6. The indicator on the top of the page is / , and this was oversold, (and is now beginning to rise). 7. The top middle indicator is and it is likely near the end of the pullback, thus it should return to a strong reading (green over red). 8. The Top (bar-type) indicator measures the "phase energy" of the-TLT , and this has been STRONG and is HOLDING AND REVERING at the zero line. 9. The green arrows are up (not shown). 10. Look to the far right on the chart, around $139.00. You will note a yellowish line on top (lips), with black dots above (teeth), and a blue line (jaw) below the black dots. Now, all three are crossing, correct? This is where I ask you to use your imagination and envision these three items as the "reversing jaws of a feeding alligator". This is a positive indication because the jaws are NOW OPENING and will likely be FEEDING in the uptrend because I feel the Fibonacci pullback at .618 is completed.
I believe that TLT-has and will repeat the early June trend resumption. My upside projection equals the last impulse leg, which was from $127 to $143 (+ $16). In other words, current price of $140 + $16 equals approximately $155 to $156.
This means the two-ten yield spread will weaken further, and TLT-is likely to get even stronger.
Because of negative rates in Germany and Japan, GOLD-should rise along with-TLT.
Good luck to you. Don.