argento
nice chart....interesting observation too....I actually would tend to agree with ...i.e. that we may have a toipside breakout ONLY only because the swing position of the market was at or near the middle bollinger of the channel...this implies strength....BUT the problem I have is this swing and turnaround was linked to closeout buyers not to chart fundamentals...so I say that my opinion is it will lower test the channel....or close the up gap, fail to engulf, then swing lower into a bear market...either way lower. either now...or close the up gap with a failure lower double top.....nice stuff though
Jakes
thanks china...but it is not a crystal ball....I have spent years watching screens....and a student of invisible and vibrational, but most real, quantum dynamics...linked to platonic solids....something is working with me inside this discipline so numbers and patterns have become weirdly apparent to me...and yes for some reason I am amazinglly good at actually calling tops and bottoms and middles and swing positions. But hey I have just returned from my building site...and there ALSI has broken down...I told the guys this is a weak weak market place all over the world.
Only hyper inflation in the USA stops us /world markets from freefall action right now ...
By the way for some strange reason ALSI actually makes the trend on world markets...it's not my imagination...many people see it here....we go against trend and low and behold other markets confuse us but suddenly follow...today is one of thise days again.
by the way I have not seen anyne refue or rebut my call on a shockingly stronger rand and BRIC currencies....with a gold price north of 5000USD per ounce..and a collapsing dollar? I doubt you all agree with me. why the silence.