AI
Wednesday, February 10, 2021 3:28:00 PM
I've been studying the past 6 months of LQMT price action, and to me, there is clearly an underlying price structure and trajectory that the MM's are adhering to as they control and manipulate.
However, there are periods of time when evidence of human/emotionally driven trading action has caused the price to momentarily deviate from the underlying structure...but it always abruptly returns. In my chart below, I've highlighted the structure in BLUE, and the trader-driven deviations in GOLD.
Note that the structure has two components that are prominent during the 6mo investigation period, 1) the descending triangle with damped oscillations (that I've described in a prior post), and 2) a sine wave with a 180 day period and an amplitude of $0.0288. It seems like it would behoove us to at least pay attention to this.
My question to the board: can someone please take a stab at explaining what the causes of the three GOLD deviations in October 2020, November 2020, and January 2021?
Lastly, that 180 day period of the sine wave puts the end of that structural component squarely in March 2021.....there's that month again...I think it's safe to expect major action of some sort next month.
However, there are periods of time when evidence of human/emotionally driven trading action has caused the price to momentarily deviate from the underlying structure...but it always abruptly returns. In my chart below, I've highlighted the structure in BLUE, and the trader-driven deviations in GOLD.
Note that the structure has two components that are prominent during the 6mo investigation period, 1) the descending triangle with damped oscillations (that I've described in a prior post), and 2) a sine wave with a 180 day period and an amplitude of $0.0288. It seems like it would behoove us to at least pay attention to this.
My question to the board: can someone please take a stab at explaining what the causes of the three GOLD deviations in October 2020, November 2020, and January 2021?
Lastly, that 180 day period of the sine wave puts the end of that structural component squarely in March 2021.....there's that month again...I think it's safe to expect major action of some sort next month.
