DOW weekly chart megaphone shows recent price action converging towards apex for a break out in either direction. Fluctuating European hopium vs pessimism and EURUSD / USDX movements may determine equity outcome. Important information regarding 'Nine_Ender' http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767 http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449
Care to give further input ? I've checked another year and it worked as well, will go further back when I get more time - but if this indicator has been proven wrong on daily charts, thanks for pointing me (as well as others interested) to relevant studies.
Well that's progress. Atleast now, with fancy words and graphs, you're admitting you don't have a clue. I too can post this is three places. Watch me.
GOLD + SILVER downside still expected. "Grand threw in the bear towel." ROFL! Which retard said that ? It sounds like another Nine_Ender fabrication. Important information regarding 'Nine_Ender' http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767 http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449
Gold bearish bias continues. bhardy307 why are you still long ? bhardy307: 02-03-12 Went long on XAU/USD at 1726.22. Stop set at 1650. This is a multi day hold. I expect XAU/USD to go above 1800 in the next couple of weeks. GS: 02-03-12 XAUUSD short 1753.09 GS: 02-06-12 Gold and Silver downlegs begin. GS: 02-06-12 bhardy307 I suggest you pay more attention to your own (losing) trade which will continue to go against you. Trust me. bhardy307: 02-07-12 Get out of your short on XAU, cycle! You're losing all of your imaginary profits. bhardy307: 02-07-12 Still long on the 1726.22 entry. You gotta love that "GOLD and SILVER leg down"!!!