With Gold and Crude Oil nose diving today, I thought this chart might be a Relevant Scenario.
The CRB chart, courtesy of George Slezak of stockindextiming.com who sees this potential Crash analog, shows a possible Mother Divine Crash Formation (see 4/4 post) with a 4/15 +/- HIGH and a crash into 5/3/08, the New Moon-2.
I am not sure if there is a correlation, but I sure wouldn't want to be long Gold and Oil right now...
Raj Time and Cycles Daily Email is for both Stock market Swing traders and Day traders, trading the SP emini, ETFs, etc. Precise Master Timing makes all the difference! We use various proprietary Master Time & Cycle techniques to predict future Swing Highs and Lows+/-1,using Change in Trend (CIT) dates. For the Daytraders, we pinpoint the intraday CIT Times for the Highs and Lows +/- 5-10 minutes. We also use an intraday cycle technique that predicts the intraday Highs and Lows.
No comments:
Post a Comment