RIGHT NOW #21 WAR PREMIUM
Sources say war is on the table. That table has 2520 written all over it. This is the best I can do in the last 30 min.
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11:26 PM ET 2444 1) so as soon as it 2436 off the bounce from 2419, I suggested to watch for war headline
2) I haven't seen direct evidence
3) put smart people tell me war is coming
4) on technicals we were doing fine until the bounce crossed 34 and held both times
5) once it hit 42, it's pretty much going to break resistance
6) so targets are 2455, 77, 85
7) 2500, 2513, 2520
8) depending on how big Iran-Israel becomes
9) I am not sure 2520 is the ceiling
10) it's just a measured move up
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11) what does that do for our 100-day plan 12) shifts entire curve up which makes 2900 a target before November
13) but the overall idea is the same
14) we will get 2 zones of high one-way vol
15) the levels will vary by 30-60 points
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16) RIGHT NOW, everyone is focused on Iran-Israel17) news say that Israel MAY ATTACK FIRST
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18) ok with all that aside, I am focused on hammering out the route to 2520+ for ...19) the next 48 hous
20) I think more like 36
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21) so I'm going to edit this draft and post #022 soonملاحظة
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SILVER'S GOING TO MOVE!!! SILVER'S GOING TO MOVE!!ملاحظة
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1) 12:40 AM, 8/4, I know silver's route is right2) Am I underestimating gold's turn?
3) I don't think so.
4) But let's prove it.
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5) ok so beginning of LAST WEEK, I was still on the route for 2900 BY HALLOWEEN6) which is what we have now I am sure
7) what I am not sure about is...
8) are we moving for 3000 again?
9) I can see how, but that's a big change for it being 8/4 now
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1) gold new base case2) as a result of silver's signal
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3) no.. still not 30004) 2900
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1:27 AM, Now I can deal with the prices RIGHT NOW1) bc we have to know where it's going later
2) to get today right
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3) because if gold is going to do 2520 -2570 (or 2600) 4) I have to have a silver signal
5) and I have that
6) then I confirm the 100 day picture for gold
7) now I can sit down and work on #022
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1) in chart above, so that's what I know2) this zig zag here is really difficult to map
3) in terms of zig zag sideways to up, they don't get harder than this
4) the reason is there sooooo many crisscrossing trends
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SO HERE IS #022:
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