Resistance broken and a Golden Cross.....Not bad for Gold! :)
Either DB will reverse course from here, or it will break down below this lower support and cause lots of pain for folks holding it!
The Base money of the U.S. has cross below the 200x2Wk SMA for the first time ever. It is a 200 SMA of the 2 Week print or data reading. This is just how the FED reports, every two weeks. However, it has crossed below the 200 SMA. This to me is signaling a DEFLATIONARY Event is on the horizon. When money is taken out of the system at this rate it will be...
Looks like the shape of a Christmas Tree!
DB is the next Lehman, there is no saving it from this black hole!
Looks to be the day we may have the final Death Cross of 2018...The DOW 30! Let watch this in amazement!
Tech is going down with the rest of the market...
Again, look left and this market is predictable...
Gold is on track to have a GOLDEN CROSS by Christmas eve. The current trajectory indicates it will be a long term bull market for Gold.
Yikes. More downside is ahead is the current level is broken!
Wait for it!
By the end of the current week we will have a Death Cross on the S & P 500. This is very bad news for the US Economy!