this is a Price forecast only, NOT a Timing forecast.
long term dollar should make it all the way up to the channel line, and maybe slightly exceed it around 110. this May coincide with a significant deflationary event (similar to the year 2000 stock market correction and subsequent slide).
while dollar goes down you should be able to go long on Commodities like...
for those who follow cycles, here is my chart of the gold miners cycle.
this chart forecasts that as of 1/12/2017 we are due for a miners cycle low in the second part of january 2017.
this cycle will give us hints as to the Trend of gold.
The current Daily cycle looks right translated (the high is in the second half of the cycle) and has gone higher than...
good old inverse head and shoulders on the Weekly time frame (long term)
orange lines show intermediate cycle low timing and we are due for a cycle low shortly (forecast date for intermediate cycle low is a forecast based on past timing, it is a Speculative target in the future. do not short this immediately based exclusively on timing of intermediate...
continuation of previous idea on longer time frame.
old idea is taking much longer than expected so the chart there looks like a mess.
this chart looks cleaner and has same targets.
this is a price projection only.
time is variable and boxes maybe shifted left and right.
since we have a lot of 4th waves involved, time could take longer than expected.
overall...
spy forecast based on waves, fib extensions and retraces.
this chart aims to identify the Price Targets Only identified by the orange boxes.
Timing is flexible, so the orange boxes can be moved left and right depending in how fast the market moves.
lets see if it works out.
we should see some sideways action for a while, but overall trend is UP.
gold is in box pattern, bordered by fib retrace lines. 4 hour chart xauusd
large fib starts at most recent lowest-low Dec 2 2015. most recent highest high is may 2 2016.
small fib is from most recent highest high may 2 2016 to bottom of the "drop" may 29 2016.
box pattern meets trend line june 9 after usa market closes (the date china is expected to miss cpi at...
