Posts filed under ‘Gold’
Some of the que i missed to answer. In no particular order. parabolics is giving us a hint that the retest will be the greatest bull trap in the psei history. Here goes.
1) what’s with the 6813 level?
Ans. In my post yesterday, i again emphasized the importance of 6813. Additional explanation here.
2) Do you really have a naked pic?
Sagot. next question please.
3) what’s with the video re LR.
Ans. Silent Lucidity is about lucid dream. in one of the meanings i found in the net, it says and i quote “it is understanding through silence.. (kind of like meditation).”
4) what do you mean by this quote?
Iniisip ko. since wala na hot money, mga caymen wannabees naman ang mag papaakyat sa markets natin. Thus the word “turn” instead of “time”. kasi matagal na sila sa markets, so indi na valid ang “time”.
5) bakit yung re-test to high is a bull trap?
simpleng sagot. parabolics are the most amazing patterns. i call them the mother of all chart patterns.
here’s a link of one of its wonders.
6) do you see the index breaking 6813 and then retrace first?
Hmmmmm. its possible the index will respect that level first and do a second attempt breakout. in case the index breaks 6813 without pausing, that would be shallow. in this case the retest leading to the bull trap will equate to a lower retest target, maybe past 7k only. a second attempt break on the 6813 will have a higher target. unfortunately, parabolics is giving us a hint that the retest will the greatest bull trap in the psei history.
here’s a nice W that surpass the 1265 level. the chance of a bearish flag (wedgies) have somewhat diminished as gold course its luster into the abyss. As gold finds its way out into the doldrums, the W is the first positive sign for the longest time. the clue then is gold testing the rsi walls below the reversal level of 50. A break on those walls (including level 50) will trigger a super spike for gold. after then we assess what’s gold’s going to whisper. naks arte ha.
We now continue re psei and gold parabolic face of 2011, at least for this post while i still have it.
Late last year, as most were bullish about gold, the group have an analysis of a return move to the low to mid 1500.
We think gold is setting up the biggest bear trap of all times… well maybe in “this” time.