Major Buying Opportunity

Köpläge nu enligt Smart Money Tracker: Major Buying Opportunity

I’m just going to do a quick post today. The relevant factors are that gold appears to have put in an intermediate degree bottom last week. Miners are being dragged down at the moment as the stock market makes its final move into an intermediate bottom. This happens pretty much like clockwork every 20-25 weeks (currently on week 23).

https://i0.wp.com/2.bp.blogspot.com/-peHvC0HwuKY/UKRigBe6pSI/AAAAAAAAD6U/_IlrPEK8fBE/s1600/IC%27s.png

Invariably when stocks move down into one of these major cycle bottoms the selling pressure infects everything. It finally grabbed the miners today even though gold has barely budged. Not to worry though, as we’ve seen this happen dozens of times in the past and the miners always snap back violently once the selling pressure in the stock market exhausts…

This is that period of time that comes only once or twice a year when the chartists get fleeced (the charts always say the market is going lower at intermediate bottoms. This is why chartists always miss these major bottoms. You need different tools to spot these kind of buying opportunities) as the smart money positions for the next leg up.

The choice is yours. Do you want to sell at the bottom again, or will you be a buyer this time and make some money? (I think big money).

Läs hela här

Tillägg: Ett liknande mönster finns i guldgrafen, Smart Money Tracker skrev om det i ett tidigare inlägg, se här

This is purely a profit taking event, nothing more. They happen like clock work about every 20-25 weeks, as you can see in the chart below. Gold is now very late in the timing band for that major cycle bottom.

Kommentera

Fyll i dina uppgifter nedan eller klicka på en ikon för att logga in:

WordPress.com Logo

Du kommenterar med ditt WordPress.com-konto. Logga ut / Ändra )

Twitter-bild

Du kommenterar med ditt Twitter-konto. Logga ut / Ändra )

Facebook-foto

Du kommenterar med ditt Facebook-konto. Logga ut / Ändra )

Google+ photo

Du kommenterar med ditt Google+-konto. Logga ut / Ändra )

Ansluter till %s