Friday, 4 May 2018

Special Interest .............all that glitters and more $gold

Our daily Breadth................................... $NYSE

Multiple time frame and point box analysis.


10 point box



Analysis: massive catapult formation when this moves it is going to be life changing! quadruple bottom/spread triple top. the powers that be will make an attempt to break this but we shall see, one loose missile could be a game changer though.

Conclusion: as indicated a massive base and projectile trajectory there are too many head winds to overcome for there not to be a rise in insurance need against lunacy.   price target $5290

Action: Buy trailing stop.

 50 point 3 box reversal


Analysis: massive Bearish reversal formation with a selling climax piercing pattern from July to December of 2015.

Conclusion: same as above poised to blast off price target $4550

Action: Buy trailing stop.

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