SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
To join the Premium Service follow this link: PUG Premium Service Sign-up. You must agree to the Terms of Service (TOS) and make a payment via a credit card Buy Now link or check in the mail. I will then send you the password to view the premium content. If you have questions send an e-mail to: pug.sma.llc@gmail.com.
Posted by pugsma on March 8, 2021
GLD needs to hold the 156.50 pivot area support for the primary (white/green) count to have a chance of making a new high above 194.45. For P4 there is major [W]=[W] target at 154.79 and a 50% Fib at 152.76
Breaking below 131.15 confirms a very long term (like 15+ year) C5 top at 194.45 per the alternate (blue) count.
GLD daily chart:
GLD weekly chart:
This entry was posted on March 8, 2021 at 11:07 am and is filed under GLD, Premium. Tagged: Gold Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Sorry, the comment form is closed at this time.
You must be logged in to post a comment.