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- Last Update: 23 May 2018, 12:33
Gold / Gold Stocks
-Most important this week is Utilities; breaking down.....watch them closely; would like it below 667. If that does go; markets will CRACK! Three green candles up and could roll hard after today! Utilities is my key crash indicator and it calls every crash.
-84 Day Money Flow on INDU Just went red; massive selling ongoing.
-Its amazing in that Armstrong is advising his clients to sell bonds and buy equities; he is too early and they are going to get creamed. It shows he does not understand the bigger picture near term and he does not.
-FYI do not freak on yesterdays post; slept on it and really it is not my dream; this project is and have always been independent. Most likely will tell them to be a side client since there is no conflict of interest if I am working with individuals. This is my project and poured my soul into it for nearing 2 years; no time to walk away. There is so much I have not shared and so much to navigate in the coming few years; few get it. And its going to be big; very big; working with a friend on a book and much more.
-Big reversal right on que; going well below 23000 and I think below 20000 on this move. One step at a time.
-Oil has so many headwinds; it is insanely overbought here and a lot of fuel that needs to sell the producers. Most are bankrupt that is the joke with this price run! Debt up to their ears.
-US Oil and Gas Producers the top is at last in....need to get that dang timing down better.
-USAU testing key overhead at 1.49.....
-Markets setting up for a big tank.
-The Forecaster will be published on schedule this weekend; have found something interesting that you will all enjoy. There is a key indicator that put in a triple top yesterday and will be sharing this; have some information on FED as well, one must understand the ongoing unwinding of the balance sheet and a great graph.
April 4th to 9th Gold Low
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