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To: hawkeyefan who wrote (6636)5/17/2008 1:33:04 PM
From: Galirayo  Respond to of 41420
 
GLD with Dual Owl Boxes showing a "Possible Tunnel" thru the Air. Updated.

Here's the 1st Chart.
Message 24472585

Not sure if it will Track With or Bifurcate From the SPX but to me GOLD looks Up.

The 1st Box ended near May 1st [ 1st chart had the 15th .. Spooky !! :)] or so about the time the last Low Pivot was placed. [Maybe I shouldn't have dinked with the 1st box today. I'll fix it. Put it back the way it was. Shouldn't change much]

Allow a Few days +/- deviation on the Turn Dates. Not sure if the 22nd will come into play or not .. since I didn't do a 3rd smaller box too. But I drew it in there anyway. June 7th should be important.

img379.imageshack.us

Note: This is a Log Chart.



To: hawkeyefan who wrote (6636)5/17/2008 1:34:22 PM
From: skinowski  Read Replies (1) | Respond to of 41420
 
Gold topped in March when stocks bottomed. Does this mean the opposite is starting?

Interesting question.

You may want to take a look at this (related) post and my two replies to it:

Message 24595794



To: hawkeyefan who wrote (6636)5/17/2008 10:25:32 PM
From: Galirayo  Read Replies (2) | Respond to of 41420
 
[$GOLD] Here's that 13ema and 144 thing again.

After a Morningstar Bottom and Confirmation.

Interesting .. ??? Nahhh ... :)

stockcharts.com

Transformed from a Dozen Dozen to only 34 ... MA that is.

stockcharts.com