Lots of evidence here for a nice push up.
If you've been following my weekly charts, you'll see that my predictions of the recent uptrend from the $440 area were justified. Now we see that the confirmations I've been pointing to are also coming to pass! This is a major uptrend. We might see some profit taking over the odd day, but sticking to a long term view - you may be wise to hold and not take a risk...
Fellow traders, in my last chart, I accurately predicted the recent rises several days before they came about with the use of the Weekly Stochastic. When I looked at our current position to see our progress, I compared the current weekly level with that of the past two trends. From this level of stochastic in the previous trend, we had a 2126% increase and then...
We do see some volatility in the short term with the market not understanding which way a break will come. However the investor with a longer term view should take into account the weekly charts where stochastics are showing a repeatable and inevitable uptrend in the making. The Summer period is looking to provide the next significant uptrend starting within the...