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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 44.18-0.1%Dec 26 4:00 PM EST

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To: jjplo who wrote (83419)6/30/2013 12:55:25 PM
From: #Breeze1 Recommendation  Read Replies (1) of 207476
 
jjplo,

Attached is a chart of Gold from 1800 to 2011.

Placing the correct wave count within a GSC of a market requires at least a century of data. Otherwise you'll pick up the wrong count in midstream.

I know the labeling scheme on my gold charts is not the traditional EW notation scheme but it's one I devised for Gold as I couldn't find a big picture price pattern for gold till now.

Chart # 1 below is a chart of gold from 1800 to 2011 and I've labeled a traditional wave count on it.

On Chart #1 the BIG assumption I’ve made is that the wave structure is part of a Grand Slam Super Cycle (GSC). A GSC as you know last centuries.

I’ve picked up this count and have relabeled my Gold chart from 1999 thru June 2013.

So the Count for wave just ended is: Primary ((2)) of Cycle III of Super Cycle (V) of GSC ((???)).

A Primary ((3)) of Cycle III is about to unfold. And you know 3 of 3s are very explosive.

Hope this helps.

Breeze

Chart #1


Chart #2



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