MQP INFINITE REGRESSION FINALE (PREWORK 6) GOLD 2800 MAY 2022
I AM HAPPY TO INFORM YOU THAT:
1) In my mind, this move to 2070 in September is almost a sure thing.
2) There's 1 more drop left. The move in this spot is really hard to map.
3) So there should be 1 more move higher before it starts dropping.
4) But, there could be 2 moves, like a mini-double-top.
5) In either case neither gold or silver is ready until 7/24-24 AT THE EARLIEST, AND 8/4-8/5 AT THE LATEST.
Nothing more from me until 7/25.
1) In my mind, this move to 2070 in September is almost a sure thing.
2) There's 1 more drop left. The move in this spot is really hard to map.
3) So there should be 1 more move higher before it starts dropping.
4) But, there could be 2 moves, like a mini-double-top.
5) In either case neither gold or silver is ready until 7/24-24 AT THE EARLIEST, AND 8/4-8/5 AT THE LATEST.
Nothing more from me until 7/25.
Comment:
6) Obiviously, the best way for the entry is half at late july and half early august and average it (so you don't have to think about it).
Comment:
7) If you want to participate in the 50:1/ 100:1 silver trade, funds need to be ready by 7/23.
8) right now, the trade is SLV 9/XX 26, 27, or 28 call.
9) Even though I'm confident that this opportunity will present itself, there are no guarantees. SO UNTIL THE TRADE IS READY, THERE IS NO TRADE, AND THERE MAY NOT BE 1 UNTIL I GET BACK TO YOU LATE JULY AND EARLY AUGUST.
8) right now, the trade is SLV 9/XX 26, 27, or 28 call.
9) Even though I'm confident that this opportunity will present itself, there are no guarantees. SO UNTIL THE TRADE IS READY, THERE IS NO TRADE, AND THERE MAY NOT BE 1 UNTIL I GET BACK TO YOU LATE JULY AND EARLY AUGUST.
Comment:
10) QUESTION MARKS IN THE CHART MEANS:
So in these areas, there are a number of regression lines that go UP AND DOWN. Should be zig zag city. Wouldn't be surprised if there are 6 moves of 40 dollars each before it hits the lower box.
So in these areas, there are a number of regression lines that go UP AND DOWN. Should be zig zag city. Wouldn't be surprised if there are 6 moves of 40 dollars each before it hits the lower box.
Comment:
Q: should u be concerned that we didnt break 1850 this week?
A: no, bc price isnt going to drop until after cpi next week (it is the post cpi and post fomc window that the low should come)
A: no, bc price isnt going to drop until after cpi next week (it is the post cpi and post fomc window that the low should come)
Comment:
Typo: POST CPI AND PRE FOMC (SO 7.13 TO 7.27)