Because the chart says so
Seems a bit odd, to be waiting for some significant event, or a change in oppinion for whatever reason... just because the chart count could be interpreted as complete.
Hey if were easy everyone would be predicting the future and getting it right.
We are all attempting , some better than others. Some vocal winners and losers, some quietly achieving, and some quietly going broke...
Technically it is possible for gold to turn from this position.
Am yet to state that it will or will not, it is up to everyone to decide for yourself.
EWT is my chosen method, with supporting indicators.
A secret is something you tell only one person (or a few), until you tell someone your secret is merely an idea.
My oppinion is my idea, I publish it when I feel it may have value to the few that read here. If there is a large opposition to my idea I do consider your views and it is possible that my oppinion will change.
You all know to Do Your Own Research, EWT is not supported by everyone.
elZorro,
The trucks are not backing up, however the fuel tanks are full, COF is up to date, and the drivers are rested in preparation for a contracted load to an unspecified destination. Metaphorically to be loaded to maximum Gross weight, like Fonterra have been carrying for years. Now the others are allowed also.
You often write about insider trading... when was the last time anyone saw a Fonterra milk truck on a weighbridge?
Remember Smokey and the Bandit, BJ and the Bear, even Knight Rider, influential TV for me as a kid.
Favourite trucks, White Volvo Globetrotter and fridge semi-trailer.
Attachment 3915
Enough now, charts calling
V.