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Trend table status

Trend

SP-500

R2000

COMPX

Primary

Up 7/31/20

Up 1/29/21

Up 5/29/20

Intermediate

Up 10/2/20

?+ 4/23/20

?+ 4/30/21

Sub-Intermediate

Up 3/29/21

? 4/5/21

?- 5/10/21

Short term

Up 4/1/21

Dn 5/10/21

Dn 5/4/21


Don Worden of Worden Brothers (makers of Telechart software) used to keep a trend table before his health issues got in the way. I always found it useful. Mine is slightly different. Hopefully helpful. Up? or Dn? means loss of momentum. ? by itself means trend is neutral. ?+ or ?- means trend is neutral with bias of up(+) or down (-)

Friday, January 17, 2014

Gold poll result

Do you think gold

is making a major bottom in this area and will make new highs
  11 (40%)
 
is likely to have more downside, but should find a bottom make new highs
  9 (33%)
 
has ended its secular bull market and it may be many years before making new highs
  7 (25%)

That was interesting.  Nearly equal splits there.  I think there is a case to be made for any of the three answers.  The current bear market may be over or not.  The threat of global deflation is real.  Christine Lagarde from the IMF just warned about that recently.  What will gold do in that situation? I actually have no idea what is going to happen to it from here.  I was hoping you guys would be able to help me out, but I guess not, LOL.

Bob

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The information in this blog is provided for educational purposes only and is not to be construed as investment advice.