5 day cycle projection 5750, done. Multiple trendline convergence too.
Zits bin a while, but Houston, we have a downtrend. The market is testing the top of the proximate one as the open approaches, but even a bounce to 5875 wouldn’t affect a broader channel. Needs to be above 5910 by EOD to break this.
Here it is, in all its glory. Hourly cycle indicator buy signals at the trendline after a tiny break.
Gold Climbs Parabola Hill One More TIme 5/21/25
Lee Adler 3 – Gold Trader May 21, 2025
A massive increase in v…
I finished the nightmare of my French tax declaration. I now fully understand why the tax accountant I thought I had hired last year was a no show as the deadline approached. But at least now I can say that I am a near expert on the intricacies of bein…
Do I understand this? no.
Payments will be made. If they’re not, system implodes. The only poof you hear will be the collapse of the US financial markets.
Markets are built on confidence. The minute the US Government refuses to fulfil…
The current Macro Liquidity Report lays out the mechanics behind the current rally and the conditions that will reverse it. T-bill paydowns have injected over…
2-3 day cycle projection 5960.
The market has settled into a range over the past 2 days, but it’s due for a nominal 3-5 day cycle low today. That cycle has recently shown a tendency toward a 4 day duration. The setup calls for another liftoff, but there’s a chance of a bear takeover…
5 day cycle projection now 5950.
No sign of an end to this yet. Although 5 day cycle projection 5840-5870. We’re in the ballpark.