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Good luck Qman
Could end up being a decent entry.
To my eye Dollar appears to be completing 5 waves up. 2017 – time for a trend change.
Very annoyed with Gold / Siver though as on many occasions I had mega profits.
Still in profit which is good, but a bit frustrated at its inability to hold onto gains
Looking at seasonal patterns in gold since the Bear market began –
Back in dec 2013 gold was trending down within a bear channel. After a new yearly low in Dec it bounced about 200pt into Jan.
The same pattern repeated in 2014-2015.
We have the same 3rd qtr flush down into dec 2016. After 20 weeks of down and severely oversold, odds are shiftting to some updside , will there be 200pt bear rally into Jan 2017?
Euro tanking as exits polls indicate heavy defeat for Renzi:
http://www.bbc.co.uk/news/world-europe-38204189
Exit polls though have been notoriously wrong in previous years.
Guess we’ll know by midnight if Renzi does indeed lose and resign.
Who’s doing the graveyard shift ?
Big ADP number today reinforces the rate rise call but why the hell did gold fall if inflation is around the corner ??
Kman
Still got your bond short ? Can’t see any mention in the systems posts update.
Just thinking the rout is hitting an extreme, investor sentiment is next to zero, worth a punt as a contra trade ?
cheers
