GOLD STOCK SET UP IN 1 CHART
CARTEL~BUSTER® !, for YOU
LAST time we got a very nice signal, say Nov 5-9th, we spent about 5 or 6 market sessions in limbo before the GDX (dashed gold line) price responded fully, although individual stocks responded, some faster (AEM), some slower (AUY).
Today provisional signal is not really any different. Each panel on this chart of my proprietary measure “CARTEL~BUSTER® !, contains its own Tripwire Zones, for buying and selling. Either or both works well. Thus the bottom panel is a bit faster for shorter trades.
What will clinch it for me is how the trend turns, based on the BlueBars in the MACD Histogram (FREE CHARTS @ STOCKCHARTS)-(plug in any SYMBOL) to get a look at the bars. Daily is good, intraday tells you what time the tide is turning from Ebb Tide to Flood Tide. http://stockcharts.com/h-sc/ui?s=AEM&p=D&yr=0&mn=4&dy=0&id=p59608647104 .
Lacking the powers of Harry Houdini, or a reliable crystal ball, I will not say how big or how long this move might be. Given the wet blanket that gets thrown over GoldBugz, who would want to say. My take is we are a tradeable bottom that will manifest itself in the next 5-10 days and could become a trading opportunity. Sign up for ASAP UPDATES & ALERTS