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patrick186 patrick186 PRO DJI, W, Long ,
DJI: DOW keeps blasting higher
64 3 3
DJI, W Long
DOW keeps blasting higher

We officially elected the key Socrates monthly bullish level at 18625 for November. Now watching for a pullback to this level to jump in and add to my mini position. Major resistance bank awaits at 20764-21252

patrick186 patrick186 PRO GC1!, W, Short ,
GC1!: New lows in gold for 2017?
81 0 5
GC1!, W Short
New lows in gold for 2017?

$GC1! has pretty much proven the 2016 rally was just a reaction high. We'll have confirmation if we close year end below 1307. A close below the 1179 quarterly bearish for year end would raise the probability of new lows DRAMATICALLY. Would be great value if we could get a pullback to the previously elected monthly bearish level (1242.1) and 50/60 ema. That move ...

patrick186 patrick186 PRO XAUUSD, D, Long ,
XAUUSD: Buy Signal within Gold soon
92 0 0
XAUUSD, D Long
Buy Signal within Gold soon

We should have a fantastic opportunity to buy gold down at 1315 next week. It appears very likely that we'll be retesting key resistance that is now support (2015 high @ 1307) with our last quarterly closing above that. Watch for deceleration and a rejection of the 50/60 ema, bottom of bullish penant, and 1307-1315.10 area. This should coincide with an oversold ...

patrick186 patrick186 PRO DJI, W, Long ,
DJI: Major Buy Signal on the DOW
86 0 0
DJI, W Long
Major Buy Signal on the DOW

We closed above the all time high at the end of July signaling MAJOR bullish sentiment. We came back to retest that key area over the past week and then closed out this week with a nice low test in that area. Key Lines are based on Marty Armstrong's Socrates model.

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