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S&P 500
5,221.42
(
-0.02%
)
US TECH 100
17,716.00
(
0.19%
)
Dow Jones
39,431.51
(
-0.21%
)
Brent Oil
83.21
(
1.00%
)
Bitcoin
63,061.40
(
2.64%
)
Post# of 51782
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Oddlot

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Oddlot

Re: Oddlot post# 49055

Tuesday, 10/17/2017 4:45:32 PM

Tuesday, October 17, 2017 4:45:32 PM

Post# of 51782
Re gold/GLD: the 60day cycle has an obj of 117 or slightly lower. When the half span avg (30day ma) turned down, price had moved approx half of total move. Using the value of 9 cma for price, the half move was approx 4.70 and normal dpo of .5-1.0 gives a projected drop of 5.2-5.7 from 122.1 to the low. As we are in the second 12weekcycle of the 24week cycle, the target time is 11weeks forward, or one week either side of 1/1/18.

Stay on the right side of the cycle!

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