The home of the innovation of the Logarithm of Time as applied to the Markets. We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Friday, February 27, 2009
Gold charts...
Notice that the second order trendlines stopped the $Gold rally when the primary trendlines didn't...that's unusual...
This somewhat resurrects the idea that we still have a bottom in $Gold out somewhere near the .500 node or beyond, which is normal behaviour...note though that we are also sitting on a primary trendline, and this will provide support, so this is still a somewhat undecided set of charts that needs further time to resolve...
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