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Monday, November 15, 2021

SPX and GOLD Updates

Last update noted that we'd presume iv completed at the lower blue trend line, and "so far, so good," as SPX has continued to rally from that low:



At this point, bears main hopes would probably be for a more complex iv that retests the ATH before returning to break the low.  Always possible for a wave, especially a fourth wave, to become more complex -- but it does not NEED to, as it completed the minimum pattern requirements for a fourth.

Next up, gold has continued to hold the last-noted low, and is now threatening a breakout... so it seemed like a good time to update this chart:



In conclusion, still no real change yet for SPX.  Trade safe.

6 comments:

  1. Why am I not approved to view the forum boards? Sent a $20.00 verification donation on 9.30.21. Still no approval.
    What is going on?
    Gene

    ReplyDelete
    Replies
    1. Sorry, can you tell me the username again? I'll approve it right now.

      Delete
    2. Also, can't find any donations (from anyone) on 9.30.21, so could you double-check the date?

      Delete
  2. I could delete your comment, but I'll leave it up so people can see how insane it is. I've never "changed a conclusion after the fact." You can use the WayBack machine to see that the blog posts don't change once published. Now, show some dignity by going away if you don't like my work.

    ReplyDelete
  3. Could delete it? you did delete it not sure why anyone still follows a hypocrite like yourself. Talk about censorship? how many friends have you lost....how many members don't show up anymore? how many people do you think you have hurt in ways worse than they would admit to you? Dundies, 1Fe, Benedict Arnold, R2, Furr, Dirtnrock (bless his soul), Dave, Peter, Alex, Greg, dark1p

    ReplyDelete
    Replies
    1. I didn't delete it, I marked most of your comments as spam, which is exactly what they are, and I guess the board auto-deleted it after that. I had a feeling I knew who this was, and now I'm about certain. You have serious emotional problems and you're projecting those problems onto others.

      Delete