I have it in a v of 5 now, and maybe done. Dunno if I'll put or not, but will watch. Would like a little more confirmation ... ain't exactly like I've been correct on my Ebay counts. My last count had it done with some possibility it had a v to do ... well it was the latter. Luckily I stayed away on that count. If I have an alternate here and now it is that the v will extend.
Look at the monthlies, weeklies and dailies Shack.
Besides Qcharts, since you dumped it, came out with a very nice fibo wave pattern generator. Ebay just hit a very major pivot high on the dailies. This is a very good tool. Waiting for a hit on the weeklies, should come, will take a few days maybe.
Example on CDE ... which I have in a 4 now. This hit is on the weeklies. Dumped all my CDE before the recent top. Not going to touch it until it hits a pivot low.
ttrader.com
Additionally Shack I think you guys over here a tad too bullish. Not insinuating anything really ... just what I think ... and along with that I am not in ZHed's late summer top camp. Not yet anyway. Right now I think we may get a top much sooner than that. I also think the next 10 days are critical for the dollar, if it doesn't go up, it begins the shithammer time phase. I don't think the markets are going to like it, except for gold.
Lots of things in play right here imo, right here right now. The next few weeks may shape the next several months.
I sold the crap out of the HUI into this last push up and I am sitting on a lot of cash. Ready to reload over the next several days if things shape up, you got it, pm's and more pm's, plus some puts maybe, plus just a tad later some USPIX. |