Trade of the week once again goes to crude
Beautiful double top setup with trendline break and retest
We had a failed breakout and a bearish engulfing for entry
We had divergence and red shade (extreme overbought conditions) on every timeframe on the Jupiter Pendulum
Full Breakdown on YT Shorts
This is based on my dowsing work and there's some alignment with Martin Armstrong's cycles, though he would wait for the close of February.
Regardless, I'm basing this idea on my dowsing work, which indicates this as a lower high of an important and longer term peak in in GLD, /GC and even miners (see post on GOLD).
Where it stops, I don't know, but give yourself...