GOLD 0.51% $1,391.7 gold futures

gold, page-36725

  1. 1,550 Posts.
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    Consider S&P Dec futures short AJ? Crossed 2500 and stalled. Top of micro channel buy climax. Multiple black swans potential. Weekly bear doji. Traditionally bad months for equities etc etc.
    Try a 10:1 profit/stop target and have a crack?

    https://m.investing.com/analysis/em...g-round-number-emini-weekend-update-200215012

    "... the weekly Emini chart has not touched its 20 week EMA in 45 weeks. Since that is extremely rare, it is unsustainable and climactic. Consequently, the odds are that it will fall at least a little below the average price soon. While theoretically it never has to come down to the average price, that has never happened. In fact, it has only been above the average price this long once before in its 18 year history. When it last happened in 2003, the Emini corrected 10% and stayed in a tight range for the next 10 months. Although a pullback now will probably not last 10 months, it is likely to last at least 10 weeks and have at least 2 legs."

    (My bold emphasis)
 
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