DropDead_Fed

DropDead_Fed

Gold target puts us well above the major multi-year resistance shown in the chart. Secondary target would be ATH. With central bank buying ramping up to highest trailing 4 quarters in well over half a century and gov debt exploding exponentially (aka fiat printing), the fundamentals have never been more sound.

DropDead_Fed

With trade war escalations not fully priced in, perhaps we see a breakdown of very critical weekly 100 MA?

DropDead_Fed

Daily bear divs formed... expect this rally soon topping out. Would expect no less than a 35% pull-back given the 160%+ runnup

DropDead_Fed

Depending how you draw your target of rising wedge, expect significant final pullback.

DropDead_Fed

The low is in I believe. This is a comprehensive map based on studies of bitcoin and market bear cycles. Buy the dip as we head towards retest of ABOVE the 200 weekly MA. I don't think bitcoin whales will allow it to get that low again and that will of course confirm that the bottom is in.

DropDead_Fed

Given how much physical silver JPMorgan has been acquiring (over 700 million ounces through COMEX), I don't think they will allow prices to fall below recent low accumulation levels of $14. That's less than 10% lower price from here! Start accumulating on the dips!!!

DropDead_Fed

After such a strong impulse up, expect a few weeks of consolidation or pullback to perhaps form an ascending triangle for now. Weekly 9 TDSA sell signal combined with reversal candle formation on weekly is in line with this sentiment as well.

DropDead_Fed

Long term of course a gold bull and very nice Wyckoff accumulation formed over past several years, however since a daily and weekly hidden bear divergence formed to negate the previous hidden bull divs, I now must become a mid-term bear to see how long we correct for.

DropDead_Fed

I still remain overall bearish, but here is the bullish case for now for the stock market from technical perspective. Target of iHnS is about $188.

DropDead_Fed

While I remain bearish, here is the bullish case for stock market that resembles the Nikkei 225 in 1998. We could see a blowoff top and further 30-50% pump and breakout before the next financial crisis.

DropDead_Fed

ere is a scenario I can now see playing out thanks to the monthly hidden bull divs that formed on all the major indexes except the dow. First I thought we would see a crash this year, but after today's fed meeting that disclosed they may stop QT (selling bonds and hence slowing their liquidity tightening by end of 2019), this could be just enough to enable the...

DropDead_Fed

Recession ahead. Media is all about FUD today with "sources cited" for trade talk delays. Such BS manipulation that is allowed by the SEC. Very difficult to patrol when their pay is by the elites who control the media.

DropDead_Fed

I don't see any long term bull case, but rather the previously posted last summer and fall breakdown and bull trap that will likely ultimately form. Same bulltard mob mentality is here as was in 2000 and 2008 it seems. I have smart investor friends telling me dividends won't get guy even if earnings start dropping over next couple years. WTF??!?!?! I am...

DropDead_Fed

The VIX bounced on what I termed "the new VIX dance floor" which is the support and where I see volatility start hiking again every time we get near ~17.5 on the vix.... then I expect selling to start.

DropDead_Fed

I thickened the most important indicator of 10yr-2yr thickened purple... almost there! Once yield curve inverts you can expect recession to already have started to possibly a wait at most of 2 years... given the fundamentals globally I think recession will happen much much sooner than any central bank will admit. It's to everyone's interest to delay the...

DropDead_Fed

Fundamentals show very good long term macro accumulation, but weekly candles and stochs signal a significant pullback.. perhaps to trendline before on to retest descending very important trendline and cause breakout of inverse HnS pattern.

DropDead_Fed

think this has highest probability to play out if I had to speculate where we go based on technicals and my own research on bubble pops. This includes my expected 14-15 week "bull trap" rally heading into May of next year before we have the bigger 50% move down and bubble pop in stock market... I expect some great (fake) news early next year. e.g. trade war...

DropDead_Fed

On macro case I see very strong/compelling cases for gold on both interim "wyckoff accumulation" as well as bigger big bold blue wyckoff re-accumulation. The target of this accumulation is actually top of trading range of macro re-accumulation (basically golds peak back in summer of 2011) that will play out over next few years. I really like the increasing...