Replies to post #24304 on The New CS Board

[dindindon]

Gold/Miner & USD

US Dollar Index - Sep 15 (DXU5) 96.12, -1.11, -1.14%
http://www.investing.com/quotes/us-dollar-index-historical-data
Aug 07, 2015 98.42 (swing high)

Gold Futures - Dec 15 (GCZ5) 1,123.30, +15.60, +1.41%
http://www.investing.com/commodities/gold-historical-data
Jul 24, 2015 1073.70 (swing low)

Sunday, 08/09/15 08:51:00 PM
dollar may have reached the strong resistance, thus a good news for Gold bugs. Eric Hadik projects a much larger Gold advance in 2016.
chart: http://forexrainbow.com/images/13611574782314634810.jpg

Told “You” Ya, USD got rejection on the strong resistance, Gold price pops up, so does miners ETFs.

If you missed shorting miners & shorting China stock market ( see re-post (1)(2) ), don't beat your chest hard, healthcare cost is very expensive these days. do you want to miss another one on the big bounce of miner ETF? ( scalp is a different story )

(1)

dindindon Friday, 07/03/15 02:36:30 PM
07/03/15 Gold
The down trend opened a decent Short swing trade opportunity

(2)

dindindon Monday, 06/15/15 10:39:45 PM
FTSE China 50 Index is deteriorating obviously.
any one bought Yang/FXP?
chart: http://forexrainbow.com/images/31897513726341415006.jpg

[dindindon]

08/14/15 DJI

DJI first low leg target projection
- Odd will increase when index moves below 17037.76

 
 - 17151.56-17037.76 is a support cluster 
   recent test attempt: 17125.81 on 08/12/15  
 - 16588.25-16333.78 is another support cluster

DJI ATH 18351.36 (05/19/2015)
12/08/14 02:19:23 PM - 17975 18103 18230 18357 18485

[dindindon]

08/19/15 MISC

Eric Hadik
- http://www.consensus-inc.com/002001i/knay1537/tech/0812tec-itt.htm
- 1st phase window 04/15-09/15 (two clusters, cycle progression)
- 32-33 week cycle zooms in 09/14-18 or 09/21-25
- 2nd phase window (freeware to be released by Eric Hadik )

Here is my projection summary
- for SPX/RUT/DJI
- hunting low Rail using simple Fibonacci series.
- +/- one Fibo cluster, numbers to be fine-tuned

(1) RUT
- August 18, 2015, 7:54:24 PM Web Time stamp
- chart:
http://www.chartupload.com/images/33681636234289593881.jpg

(2) SPX
- Sunday, 08/09/15 08:51:00 PM

1560.33-2134.72
0.2360 1999.16
0.3820 1915.30
0.4045 1902.38

(3) DJI
Friday, 08/14/15 03:30:28 PM
chart:
http://www.chartupload.com/images/99837145992813643210.jpg

(4) Gold/GDX

Thursday, 08/13/15 10:55:47 PM

1111.25 0.2360 support
1125.18 0.3236 ( 1126.30 08/13/15 )
1134.48 0.3820 resistance

On a closing basis, gold price closes above 1125.18 to usher in another bounce into middle September

 
 08/19	1129.00	1115.50 (ongoing)		 
 08/18	1120.40	1108.50		 
 08/17	1122.20	1112.90		 
 08/14	1120.40	1111.10		 
 08/13	1126.30	1112.80		 
 08/12	1125.50	1101.10		 
 08/11	1119.10	1093.30		 
 08/10	1108.50	1089.00		 
 08/07	1098.90	1081.40		 
 08/06	1093.30	1082.70		 
 08/05	1091.70	1082.00		 
 08/04	1094.40	1080.20		 
 08/03	1098.00	1085.10		 
 07/31	1103.00	1079.20		 
 07/30	1098.20	1081.50		 
 07/29	1101.50	1089.80		 
 07/28	1098.70	1091.10		 
 07/27	1104.90	1088.00		 
 07/24	1101.50	1073.70<--- swing Low

Slippage on 3X NUGT is obvious


(5) Shanghai Composite Index
- Overall Chart looks bearish
- session low on 08/19 is 3558.38, (0.764 3564.91)
- Overall Fundamental requires a separate post to cover

Tuesday, 07/28/15 01:04:01 AM
it is premature to give the low target. For fun, based on the latest data, the theoretical E-wave low target is 2379.80. don’t count on this fun guess. President Xi will meet President Obama in coming September, let’s see what kind “deals” they can roll out.

(6) US stock market, Overall
The Fed induced stock bull market has stalled in a stagnant zone for more than 2 quarters. "Optimistic" analysts say the underlying strength will catch up eventually, Boom!, Bullish; Cyclists say those long cycle Low will converge before 2017. Who Do You Believe In? ( Cycle? E-Wave? TA indicators? Fundamental? Astro?)

- chart curtsey calculatedriskblog.com