Futures Market - Gold Highlight #4
"Inversion Cycle Indexes" combine with "Linear Time Cycle Indexes" to suggest long positions in gold the day after a 5 month low - sharp rally ensues.
(COMMENT # 444)
UPDATED 19980616
COMMENT 1998-444
1. The second monthly / weekly "Inversion Cycle" ALIGNMENT of last week is also seen on page 349.
2. IT IS EXTREMELY IMPORTANT THAT THIS MARKET IS TRADING WELL ABOVE ITS JANUARY LOWS!
3. Note that the "Linear Time Cycle" line (the solid line at the bottom of page 349) has been declining since early April.
4. The high in this market was made April 6.
5. As can be seen in the chart, the line now moves up for the rest of the year.
6. This market is also listed on page 318 of "The 1998 $upertrader's Almanac - 1st Half Edition".
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