08/31/2013 Weekend Update

[Auole]

Al D. Thanks for asking. Though I squirm a bit as I've some mixed feelings about this next move.
so, what with the mideast concern, as usual, verrwy rwisky I longed GDX. Nice global overnighters of course did the wolfewave 1=>4 target touch, pink oval. I am only hoping for a wolfewave attempt to retest #5 and then short it. probably. Here's the deal with all the TTM squeeZe stuff: if ADX @ bottom, squeeze goes red dot then a move is likely. Thank U silver, at least it broke out above the down fib fan. yeah. Gold hestitant. MarketForecaster, TOS product only, usually gives the clue. However, this whole up trend it has been very bouncy. yuck. Probably some retrace forthcoming. Plus both silver &gold retraced to the fib 23% of last up move, not good for bull feelings. Also note the Aussie (whitish) on GC is weak.

[uempel]

Ellipses suggest a nice move Tuesday:

[Cobra]

Features now: Consolidating above the double bottom neckline is good for bulls. In another word, bulls must hold the neckline.

[Fieldydwb]

Hi Kongen,

I actually am a big fan of Reel Ken and have implemented variations of his research/strategies. I've sent you a PM.

Best,

Fieldy

[TWT]

$SPX: Could favourable risk reaction materialize a Double Bottom ? I am doubtful

[TWT]

$EURUSD: Maybe a s/t bottom within a larger corrective pattern