01/24 RALLY 2280-2360 EXECUTION PART 1
GROUND RULES - I am writing this for only for my regular audience who have read my material for a while and know how I operate. I am not looking for a bigger audience, I have stopped looking for a while. If you haven't read my work in in the last four months, THIS IS NOT FOR YOU. I DON'T HAVE TIME TO EXPLAIN. PERIOD. FULL STOP.
SUMMARY - I have said since May of 2022 that January 10th to March 8th of 2024 would be the last window for a gold bull market breakout. Today is January 5th, and we have small change of plans. Previously, I saw two clear and separate rallies for January, the first with 01/15 top and the second with 01/24 top. With today's close at 2045, this has changed into one longer rally that is made up of three smaller rallies with shape much more vague.
STRATEGY - Buy now, sell 2270 or higher in 19 days or less. In between tactical decisions are for you to make.
SUMMARY - I have said since May of 2022 that January 10th to March 8th of 2024 would be the last window for a gold bull market breakout. Today is January 5th, and we have small change of plans. Previously, I saw two clear and separate rallies for January, the first with 01/15 top and the second with 01/24 top. With today's close at 2045, this has changed into one longer rally that is made up of three smaller rallies with shape much more vague.
STRATEGY - Buy now, sell 2270 or higher in 19 days or less. In between tactical decisions are for you to make.
Comment:
FWIW - 01/24 ATM calls looking like 8:1., let me see....
Comment:
a) it's about $1980 per contract, with the low end of the top returning $23000
b) 01/24 at the money calls would return 11.5:1 or 1150%
c) there's a time for these things
d) for me, that time is now... or maybe Mon or Tues especially if it hasn't move....
e) it be cheaper for sure
b) 01/24 at the money calls would return 11.5:1 or 1150%
c) there's a time for these things
d) for me, that time is now... or maybe Mon or Tues especially if it hasn't move....
e) it be cheaper for sure
Comment:
01/05 5:51 PM 100:1 exercise
a) 01/24 2165 calls are $110-$120
b) returning (low end) $12000, or 100:1
c) odds of this hitting? at least a coinflip from end
d) coin flipping but getting paid 100:1 if you hit? ....
e) try it a least once in your life
a) 01/24 2165 calls are $110-$120
b) returning (low end) $12000, or 100:1
c) odds of this hitting? at least a coinflip from end
d) coin flipping but getting paid 100:1 if you hit? ....
e) try it a least once in your life
Comment:
01/05 8:56 PM ET OVERALL SHAPE AND VOLATILITY:
a) for chart abovez; the hilight are generics not detailed routes
b) there are basically two ways this happens, yellow is quicker and lower
c) blue is longer but higher, statistically speaking
d) the majore differences are:
1) how much zig zag is there from now to next Friday 01/12
2) minimal zig zag leads to yellow route completing on 01/19 but roughly 2320 or lower
3) if drawn out zig zag for this coming week, that leads to a 01/24 high near 2355
b) there are basically two ways this happens, yellow is quicker and lower
c) blue is longer but higher, statistically speaking
d) the majore differences are:
1) how much zig zag is there from now to next Friday 01/12
2) minimal zig zag leads to yellow route completing on 01/19 but roughly 2320 or lower
3) if drawn out zig zag for this coming week, that leads to a 01/24 high near 2355
Comment:
4) again there should be 3 legs to it, I didn't do it justice here
5) the easiest way is probably buy and hold to the end (it's not sexy but it will do the job as well maybe better)
5) the easiest way is probably buy and hold to the end (it's not sexy but it will do the job as well maybe better)
Comment:
6) and the for the first leg, it should happen Monday, Tuesday if it's late
7) before the spike, this pattern likes to check once more (if moving Monday like black)
8) or twice more (moving Tuesday like red)
7) before the spike, this pattern likes to check once more (if moving Monday like black)
8) or twice more (moving Tuesday like red)
Comment:
9) here I mean:
Comment:
01/06 9:39 AM ET - So all of the above is what is knowable.. here is what is NOT KNOWABLE AND HOW WE WILL DEAL WITH THAT:
Comment:
a) in chart above this triangle ends January 11th
b) while all the projections show odds of breaking out is highest for Monday, high for Tuesday, unlikely to be Wednesday. (that's 8th, 9th, and 10th)...
c) there is one cycle that I sometimes bring up and the reason is it works sometimes and sometimes it doesn't..
d) and that is the lunar cycle because new Moon is the 11th
e) all the "cycle-ings" that I use point to decisive action by the 11th
f) but the lunar cycle says it should be the 11th
g) the intermediate math says the 8th or the 9th...
h) ultimate unknowable until something happens
b) while all the projections show odds of breaking out is highest for Monday, high for Tuesday, unlikely to be Wednesday. (that's 8th, 9th, and 10th)...
c) there is one cycle that I sometimes bring up and the reason is it works sometimes and sometimes it doesn't..
d) and that is the lunar cycle because new Moon is the 11th
e) all the "cycle-ings" that I use point to decisive action by the 11th
f) but the lunar cycle says it should be the 11th
g) the intermediate math says the 8th or the 9th...
h) ultimate unknowable until something happens
Comment:
i) the fractal math says this:
Comment:
a) those are the two patterns for this break out that keeps coming up right now
b) it is saying that the moves should have:
1) more check down
2) 1 more rejection at resistance
c) this puts us on Monday night?...
b) it is saying that the moves should have:
1) more check down
2) 1 more rejection at resistance
c) this puts us on Monday night?...
Comment:
d) more like this:
Comment:
e) from then on it's coin flipping for blue or yellow
f) so the next visit to 2033 is likely the best bet
g) bc we don't know if there will be a 2nd checkdown
h) the intermediate math says very unlikely to be a 2nd check down
i) so that's all the gray areas
j) and here's how we will deal with that
f) so the next visit to 2033 is likely the best bet
g) bc we don't know if there will be a 2nd checkdown
h) the intermediate math says very unlikely to be a 2nd check down
i) so that's all the gray areas
j) and here's how we will deal with that
Comment:
Comment:
01/06 10:14 AM SO HERE IS WHAT WE HAVE DONE IN THE SINCE 12/20:
Comment:
a) at the end of the box was where it was statistically undeniable that the huge rally was on the way, bc the numbers say show
b) I wasn't sure myself until about 2 days after that when we broke 2050
c) all the work we have done since is to find out ...
d) WHAT THE RALLY SHOULD LOOK LIKE for the zone of 01/10-03/08 (roughly 60 days)
e) for that I used intermediate modeling
f) this works bc it will give us the signal for
g) what the overall shape should be
h) but more importantly WHEN TO PUSH THE LEVERAGE (10th or 11th)
i) now that we know that we use daily binary modeling from here to end of January
k) bc after the high, the retrace is part tof the model
l) then we have to repeat this process again for 02/01 to 03/08
b) I wasn't sure myself until about 2 days after that when we broke 2050
c) all the work we have done since is to find out ...
d) WHAT THE RALLY SHOULD LOOK LIKE for the zone of 01/10-03/08 (roughly 60 days)
e) for that I used intermediate modeling
f) this works bc it will give us the signal for
g) what the overall shape should be
h) but more importantly WHEN TO PUSH THE LEVERAGE (10th or 11th)
i) now that we know that we use daily binary modeling from here to end of January
k) bc after the high, the retrace is part tof the model
l) then we have to repeat this process again for 02/01 to 03/08
Comment:
01/06 10:30 AM WRAP UP FOR THIS POST BEFORE WE MOVE ON
1) so this what all the models say
2) we are going to get a huge rally
3) ends on 01/19 if early, 01/24 if late
4) 2280 if low, 2355 if high
5) the overall shape should be 3 rallies that form one big rally
6 but before we break out there SHOULD BE based on the varios models:
a) one more dip to mid 1930s
b) one more rejection at triangle resistance
c) break the triangle by Tuesday
d) retest the triangle by Wednesday
e) we should push the leverage by Thursday
7) this last point is really what all the work since 12/20 has been about
8) timing the bigggest move for gold prices
9) I am not here to discuss what you should do bc everyone's situation is different
10) that's for you to decide
11) and before we go back to daily binary modeling ....
12)
1) so this what all the models say
2) we are going to get a huge rally
3) ends on 01/19 if early, 01/24 if late
4) 2280 if low, 2355 if high
5) the overall shape should be 3 rallies that form one big rally
6 but before we break out there SHOULD BE based on the varios models:
a) one more dip to mid 1930s
b) one more rejection at triangle resistance
c) break the triangle by Tuesday
d) retest the triangle by Wednesday
e) we should push the leverage by Thursday
7) this last point is really what all the work since 12/20 has been about
8) timing the bigggest move for gold prices
9) I am not here to discuss what you should do bc everyone's situation is different
10) that's for you to decide
11) and before we go back to daily binary modeling ....
12)
Comment:
Comment:
THIS POST HAS ENDED - WAIT FOR NEXT ONE
a) the point of this work is to nail gold's biggest rally down the days near highs and lows
b) and then forecast daily price action for that rally
c) right now we look at 23xx for January and 27xx for March
a) the point of this work is to nail gold's biggest rally down the days near highs and lows
b) and then forecast daily price action for that rally
c) right now we look at 23xx for January and 27xx for March
Comment:
d) in the meantime replay this: remember blue arc or black arc? ... it was a very twisted version of black arc:
Comment:
THIS POST IS FINISHED & HERE IS NEXT ONE:
a) so tacticallly with your entry
b) first stop is 2100 ish and wait for reentry