Along with precious metals, the $NDX is making some kind of top here also. Note the trendline penetration on the top figure and the .500 (actual value = .50536) time node we are at on the middle picture. That's the ingredients for a reversal, at least at some level.
1 comment:
In your modeling, could the trendline penetration of the 1.382 line be a breakout, with the eventual top to be limited by another trendline somewhat higher, and consistent with the timeline for the SPX?
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