For gold and silver, I'm looking at tops 4/27-4/29. Here is the PM1 gauge:
Monday, April 25, 2011
4/25 pre-open
Here is the finalized DJI cycle chart:
I'm waiting for the I1 lead time to run out (I estimate it to be 4 trading days).
Friday's holiday is equivalent to a trading day, so today is the 4th since I1 top. The 30-day I1 peaks tomorrow or Wednesday.
The stock market is on buy signals for the 30-minute M/A and the DJI critical M/A. The first trigger will be SP futures declining below 1326 on a 30-minute close.
SP futures are currently right on their 30-minute M/A, 1332.75.
For gold and silver, I'm looking at tops 4/27-4/29. Here is the PM1 gauge:
For gold and silver, I'm looking at tops 4/27-4/29. Here is the PM1 gauge:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment