MQP INFINITE REGRESSION #004 - GOLD TO 2070 BY 09/07/21
THIS IS FOR THE 98% THAT KEEPS GETTING BEAT (MYSELF INCLUDED).
I. WHAT'S WITH THE 48 HOURS STUFF?
I got carried away with short term projections, thinking I cracked some short term code. Do I still think it can be done? Yes, but applicable on risk/return basis just at very specific times when a number of things align including TIME AND ATTENTION. I just don't have enough of either to continuously update that type of work. It's only something a continuously-updating software can do.
II. WHAT I THINK I KNOW.
Many people think gold is in a bull market. I don't think any one is calling for 1725 in the next 10 days followed by 2070 by 09/07/21.
III. WHY DO I THINK THAT.
ALL my proprietary trend and momentum indicators say this and they say this in unison with no alternative AT THIS POINT IN TIME. They have never done this to this degree before. Generally speaking, I can always change settings to project a different outcome. I can not do this AT THIS POINT IN TIME. What's even more interesting is a regression match with specifics I have never even seen (i.e. like a 16,400 bar match).
IV. SPECIFICS?
1. Box A is very likely in 5 trading days. Extremely likely in 10. Floor is 1725. Anything under 1750 should only give you 1 day to buy.
2. In fact the very first sign is a hammer at box A. Look for a stick save and run to 1820+. The low to the the high at be should be 10-15 trading days
3. Box B is an estimate right now at 1820 circa 7/09 to 7/15.
4. Box C is 7/28 to 8/08. FOMC is 7/28, CPI is around 8/08. Price should be right around 1800 here.
5. Box C is important bc options vega makes a 30X trade possible in a 30-day window.
6. Long at A and C are obvious. Shorting B is not worth it. Shorting Sunday open to next low at A not a terrible idea.
7. Stops for July longs at 1720. If this breaks, wait it out. While it doesn't automatically change the 75-day outcome, I would need to see 1720's strongly defended. Something like 1765 next-day so trend lines do not change.
8. Last year, I was looking for a quick bottom, and then move to 2400-2600s or maybe higher. But AFTER THAT, I would look for 2000 again.
9. So? Well now, bc of this drop we just had and the formation of this incoming spike, numbers I am seeing look like runaway inflation.
10. That is another way of saying THIS IS THE ENTRY FOR THE NEXT 4 YEARS.
V. HOW IS THIS DIFFERENT FROM MY PREVIOUS IDEAS?
Up to yesterday, I presented ideas as an amateur. This, I recommend this as a professional. Two months ago someone ask me about 1740s, and I said that "you may never see that number again, etc...". This time I am saying, you after next 10 days, you won't. Full stop. Good luck.
To Rick Rule, may your words of inspiration light the way.
I. WHAT'S WITH THE 48 HOURS STUFF?
I got carried away with short term projections, thinking I cracked some short term code. Do I still think it can be done? Yes, but applicable on risk/return basis just at very specific times when a number of things align including TIME AND ATTENTION. I just don't have enough of either to continuously update that type of work. It's only something a continuously-updating software can do.
II. WHAT I THINK I KNOW.
Many people think gold is in a bull market. I don't think any one is calling for 1725 in the next 10 days followed by 2070 by 09/07/21.
III. WHY DO I THINK THAT.
ALL my proprietary trend and momentum indicators say this and they say this in unison with no alternative AT THIS POINT IN TIME. They have never done this to this degree before. Generally speaking, I can always change settings to project a different outcome. I can not do this AT THIS POINT IN TIME. What's even more interesting is a regression match with specifics I have never even seen (i.e. like a 16,400 bar match).
IV. SPECIFICS?
1. Box A is very likely in 5 trading days. Extremely likely in 10. Floor is 1725. Anything under 1750 should only give you 1 day to buy.
2. In fact the very first sign is a hammer at box A. Look for a stick save and run to 1820+. The low to the the high at be should be 10-15 trading days
3. Box B is an estimate right now at 1820 circa 7/09 to 7/15.
4. Box C is 7/28 to 8/08. FOMC is 7/28, CPI is around 8/08. Price should be right around 1800 here.
5. Box C is important bc options vega makes a 30X trade possible in a 30-day window.
6. Long at A and C are obvious. Shorting B is not worth it. Shorting Sunday open to next low at A not a terrible idea.
7. Stops for July longs at 1720. If this breaks, wait it out. While it doesn't automatically change the 75-day outcome, I would need to see 1720's strongly defended. Something like 1765 next-day so trend lines do not change.
8. Last year, I was looking for a quick bottom, and then move to 2400-2600s or maybe higher. But AFTER THAT, I would look for 2000 again.
9. So? Well now, bc of this drop we just had and the formation of this incoming spike, numbers I am seeing look like runaway inflation.
10. That is another way of saying THIS IS THE ENTRY FOR THE NEXT 4 YEARS.
V. HOW IS THIS DIFFERENT FROM MY PREVIOUS IDEAS?
Up to yesterday, I presented ideas as an amateur. This, I recommend this as a professional. Two months ago someone ask me about 1740s, and I said that "you may never see that number again, etc...". This time I am saying, you after next 10 days, you won't. Full stop. Good luck.
To Rick Rule, may your words of inspiration light the way.
Comment:
10 MONTH WINDOW:
Comment:
**** Previously, w/ old ratios, I had us at point A:
Comment:
But now, we are no doubt at point B!