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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (39997)10/24/2023 4:11:55 PM
From: Perspective  Read Replies (1) of 41471
 
LMAO! I was just about to post my gold chart when I noticed your post from a few hours ago.
I guess I don't need to ask your opinion of this setup then.
I wish I'd been accumulating gold on this last dip, but if this read is right, it will be a dominant theme for years.

I know it's very un-wiggly, but the parallels to the 1970s continue to mount. I'd argue that Elliot principles *expected* unrest in the Middle East. When I heard about the recent events between Israel and Hamas, I just went "of course it happens now." Brush off the old charts from the 1970s...

Now I wonder if the gold chart setup isn't forecasting something more.

Oil shock? Expanding military activities? Or maybe just chain reaction inflation (think of all the labor struggles right now. 40% raise demands? Teacher strikes? Nurses? Federal debt at a point of no return?)

We now return you to your regular wiggle programming...

Cheers,
Robert
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