weekly outlook July 30, 2018

I try to show you different ways to analyze  cycle movement.  RSI can be useful in locating price highs or lows.  High RSI (70ish) can indicate a sell zone  (price getting extended) or a low RSI (30ish) can indicate a buy zone.  NOTE: these are indicators and not ABSOLUTES.

 

GL traders

July 23, 2018 - weekly outlook

5 week cycle down and should bottom late July or early August.

RSI near 70 topping (negative)

GL traders

July 19. 2018 - GOLD -- looking for a bottom

Gold trading bottom?  Metals making lows...…

July 16, 2018 weekly outlook.

 

Probably will see indexes at new highs during the week.

 10 week cycle nearing mid cycle  high (which should lessen upside momentum). Week just ended  at or near highs.

Week of July 9, 2018 outlook

As I said   last week: May be a volatile week, with week ending positive push. 

The coming week should show some upside into mid week.

GL traders

Monday showed upside.....
Tuesday showed upside (R2K didn't)….

Requested "bitcoin" chart: