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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Tweets Boar Hog who wrote (87320)	8/3/2024 4:16:08 PM
From: skier31	1 Recommendation Recommended By catou1 Respond to of 97963

Mainly looking at this chart, which seems unsustainable and I really doubt the doom and gloom of a US default. The lower one wouldn't happen very quickly. Most likely will form a B point low first and we'll know more. Government spending on Interest

To: Tweets Boar Hog who wrote (87320)	8/3/2024 4:30:39 PM
From: skier31	1 Recommendation Recommended By ajtj99 Respond to of 97963

On another note - I'm pretty sure I remember seeing in Hurst's program that he didn't recommend using weekly charts for Commodities as the long term cycles weren't as reliable. Also, I think I remember Elliott Wave believes that Commodities tend to have extended 5th wave blow off tops due to panic. Just a thought and I'll try to see if I can find the recommendations. Not sure if you are curious, but I am... the market gurus of the past truly amaze me with their genius. Gann is one I'd really like to study, but haven't found reasonably priced material.