Here are my lines for today:

Gold 1198...

Take a look at a gold in Euros chart!

Okay, the EXP didn't do anything, so the 'up' scenario looks a lot better. There is a key line right here at 57.25, but I think this may be headed up strong now. Let's see if the clues agree, or not. A nice checkback here and then another launch would be nice, but I suspect the rampers won't let it come in for the dip buyers.

Hmm, they 'see' that line for sure. They are giving the dip buyers a chance, in the form of this ABCD in here. That makes me 'worried' a bit, as I wouldn't think they'd let them in. Looks like a trap now. We'll see, but I'm suspecting this could roll down now...

Sweet. My read, the market, the games they are playing. Just sweet.

Now, watch right in here. 48.50. Big clue time.

long IWM 6866, STOP NOW BE

Ex-aaaaacccccctttttt-ly, roofer. .886's across the board. I'm wary this can rise, but the play is clear, it does what it does.

As I suspected...

Go back and read my posts again. They gunned this up, to that 57.25 key line, to the tick. They gave a big warning when they looked like they'd come back off that and give an ABCD to let buyers in. That's normal behavior under normal conditions, but not normal for a MRRD snap reversal after monster relentless selling. Then they blew the ABCD out. I mentioned I felt rolling over was the most likely scenario in my mind then.

Right to the .886, which I watched closely, and it produced a bounce. It then failed at a likely spot, and they killed it, new LOD and still selling. Right back now to the spike line from the previous LOD. Bounce now? Bounce and roll? Or that MRRD run up? At some point they will gun this, but I'm not trying to pick the bottom, I'm about the trend. When the trend is up, there will be plenty of time for that.

Here are the lines I'm watching today. The upsloping set is the same as before and I changed the downsloping set to the natural one:





We are right at the .382-.447 zone and very close to x marks the spot

Jim and George - thank you for the compliments. Your efforts here have always been a real inspiration for me