traderfromhell Posted January 13, 2005 Report Share Posted January 13, 2005 This place is deader than Kelsey's nuts. Looking for a breakdown from around these levels. Very strong resistance as one can see. Upside volume dead. Link to comment Share on other sites More sharing options...
faramir Posted January 13, 2005 Report Share Posted January 13, 2005 Is the fact that gold couldn't make it to 500 - despite the US Dollar crashing and burning like never before in history this year - a massive failure for gold? Link to comment Share on other sites More sharing options...
bearvest Posted January 13, 2005 Report Share Posted January 13, 2005 XAU: The count remains unchanged from yesterday. The only difference, I guess, is that we're a day older. Link to comment Share on other sites More sharing options...
traderfromhell Posted January 13, 2005 Report Share Posted January 13, 2005 XAU: The count remains unchanged from yesterday. The only difference, I guess, is that we're a day older. <{POST_SNAPBACK}> Bear do you do any Elliot work as it applies to time? Link to comment Share on other sites More sharing options...
hedonicprocto Posted January 13, 2005 Report Share Posted January 13, 2005 bearvest, what is your IT count here: we are in a 3 down of 5 of C to coplete the correction from ? Link to comment Share on other sites More sharing options...
bearvest Posted January 13, 2005 Report Share Posted January 13, 2005 My quote=traderfromhell,Jan 12 2005, 09:21 PM] XAU: The count remains unchanged from yesterday. Bear do you do any Elliot work as it applies to time? <{POST_SNAPBACK}> Trader--Elliott is strictly price, although, charts should have the right "look" time-wise. Here's a site that's pretty good on basic Elliott. Click the "my webpage" link somewhere in this post I have no knowledge of time-studies.My Webpage Link to comment Share on other sites More sharing options...
bearvest Posted January 13, 2005 Report Share Posted January 13, 2005 bearvest, what is your IT count here: we are in a 3 down of 5 of C to coplete the correction from ? <{POST_SNAPBACK}> H--I see us in wave C of an ABC that started in December, 2003. "A" completed in May. "B" completed in November. You'll note that the terminus of 3 is on the other side of that trendline. I think we're in subwave iv of 3, so busting through will be interesting. If I'm right, we should see 89-90 for the end of 3. Important levels are 92.59--the low thus far and 90.31--overlap with the blue "a" wave from last June. That overlap destroys any bullish count for the May/November rally. I feel pretty confident with the count as MACD recently hit its most bearish levels--right where it should be at iii of 3. Hope this helps. Link to comment Share on other sites More sharing options...
bearvest Posted January 13, 2005 Report Share Posted January 13, 2005 No late night tonight. I have to be in court tomorrow. Here are the levels to watch: 97.81: Wave 4 overlaps 1. The count has to be re-drawn. 92.59: Wave 4's origin is overlapped. It's wave 5 time. And that gap? It's just there to keep everyone tense. Gap fill or gap resistance? Link to comment Share on other sites More sharing options...
Charmin Posted January 13, 2005 Author Report Share Posted January 13, 2005 I'll start Thursday thread shortly Link to comment Share on other sites More sharing options...
GRINCH Posted January 13, 2005 Report Share Posted January 13, 2005 ...same stupid chart....same stupid grinch....excuse me for licking my greasy chops in public....but that which I see is of epic proportions....(see sad story of buck...) Old Habits:....I'm sending you that rainbow.... trinharder:....CBJ...will stun and amaze (I'm long "D" warrants) (where the heck is Maxi?)... faramir:....there is a foot on the spring....(I don't believe in U.F.O.'s)...relax,take a vacation....all currencies are fiat....just keep the oil boiling... Bear: great work and persistence... Charm: you da anchor...merci! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.