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.
Wednesday, June 3, 2009
Top for precious metals may now be in...
Looks like the trend change may have been today, the $USD looks like it's bottoming also. We will need a couple of more days to be sure. The time node value on the bottom chart is .5119064 which is 2.38% off of ideal (((.5119064/.5) -1) *100%). Note that the top chart had the intersection of a primary trend line(down sloping magenta) and a secondary trendline (up sloping, thin, light blue, and curved), and that was where the rise appears to have stopped.
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