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Friday January 12th

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  • Friday January 12th

    Markets flat, gold up a couple of bucks.
    Don't follow or make any trades based on any chart, guess, study, joke or prediction I make.
    Seriously. Don't follow me. Just don't. I only guess at things.
    Also.. I'm not the real Mr Miyagi; he's been dead since 2005.

  • #2
    Time:

    https://www.armstrongeconomics.com/a...is-everything/

    Comment


    • #3
      Bitcoin:

      http://stockcharts.com/freecharts/gallery.html?%24NYXBT

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      • #4
        Surf City:

        Nice call so far on natural gas.

        Comment


        • #5
          Reversal Levels:

          Friday, January 12, 2018

          RL for Jan 12

          Today's reversal levels for major indexes and some popular stocks:
          • Partial profits signal for S&P 500 and FTSE 100.
          • Partial profits signal for Oil.
          • Sell signal for Bitcoin.
          • Buy signal for DDD.
          • Bearish divergence for HLF. Probably a failing rally.
          • Partial profits signal for BAC. A 9% gain in 30 days.
          • Partial profits signal for NFLX. A 12% gain in 9 days.
          • Partial profits signal for RIG. A 20% gain in 13 days.

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          • #6
            Futia:

            http://carlfutia.blogspot.com/

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            • #7
              Originally posted by Jim View Post
              Surf City:

              Nice call so far on natural gas.
              "Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria." Sir John Templeton

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              • #8
                Tgif

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                • #9
                  Here is a USD post from Dec 13, 2017 forecasting that it's Intermediate Cycle had topped. The 3rd chart has a price objective (PO) which seems to be playing out. If the normal Daily or Trading Cycle timing band holds, the next TCL/DCL could be 2 weeks away or more...

                  https://surfcity.co/2017/12/13/usd-update-13/

                  Also here is a post on the longer cycles for Gold and the USD.

                  https://surfcity.co/2017/12/29/longe...nd-the-dollar/
                  Last edited by Surf City; 01-12-2018, 11:22 AM.
                  "Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria." Sir John Templeton

                  Comment


                  • #10
                    GDX break above $23.85 would set up a run to $25.
                    Don't follow or make any trades based on any chart, guess, study, joke or prediction I make.
                    Seriously. Don't follow me. Just don't. I only guess at things.
                    Also.. I'm not the real Mr Miyagi; he's been dead since 2005.

                    Comment


                    • #11
                      I agree Mr M

                      Comment


                      • #12
                        NQ 400 points in 9 trading days

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                        • #13
                          Rip $usd

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