Sept 10 Tuesday 6:14 AM PT
The rally that started around Aug 29, is continuing as predicted. We are in the 3rd step up in this rally .
it will be followed by a moderate decline in step 4 followed by another new high in step 5.
If you are 3X leveraged long , take profits today. Leveraged stocks move up and down larger than an ordinary un- leveraged position and profits should be locked. Take profits in TNA. Here are some charts.
Gold and Silver are moving sharply down today. The decline in last 5 trading sessions has been so sharp that we can expect a rally.
DJI
GDX
GLD Gold ETF
IWM Russell 2000 ETF
NUGT ( Gold Miners ETF)
SPY
Here is a link to a video where the commentator thinks that if Gold holds above $1350, it can go up to
$1500
http://www.kitco.com/news/video/show/Chart-This/420/2013-09-09/Chart-This-Fibonacci-the-Real-Star-in-Gold-Forecasting
The rally that started around Aug 29, is continuing as predicted. We are in the 3rd step up in this rally .
it will be followed by a moderate decline in step 4 followed by another new high in step 5.
If you are 3X leveraged long , take profits today. Leveraged stocks move up and down larger than an ordinary un- leveraged position and profits should be locked. Take profits in TNA. Here are some charts.
Gold and Silver are moving sharply down today. The decline in last 5 trading sessions has been so sharp that we can expect a rally.
DJI
IWM Russell 2000 ETF
Here is a link to a video where the commentator thinks that if Gold holds above $1350, it can go up to
$1500
http://www.kitco.com/news/video/show/Chart-This/420/2013-09-09/Chart-This-Fibonacci-the-Real-Star-in-Gold-Forecasting
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