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Charts from the Lunatic Fringe.

louky

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Techs and pattern are very bearish, imo

Hence, I would have to think the next significant short term move is down, with 1330 or so still on the table. could take a while to play out
Inched up dollars 1330-40, before next significant move came....down bigly. now we have high probability trade zone incoming. 1269 bottom of the box
 

louky

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1251 historcial pivot between 1269 and 1197

Small pivot at 1215 where they're currently targeting



Small bounce zone between 1275 and 1264 on futures
If it bounces here, gop of the box 1296 (historical), then watch 1305 pivot after that for higher targets. 1359 bottom of the upper box after that.

Chart visual with a tail in previously posted D leg now

 

Goldhedge

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Hmmm Clive says it overshot, but it looks to be right on the money...
Screen Shot 2019-04-24 at 11.18.03 AM.png
 

louky

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savvydon

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My teenage daughter is just starting her first job. We both noted that the cost of a shirt she needed to buy to wear one afternoon for work was equal to the pay that she earned that day. This is going to be tough sledding...
 

Goldhedge

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Zed

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Zed

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My teenage daughter is just starting her first job. We both noted that the cost of a shirt she needed to buy to wear one afternoon for work was equal to the pay that she earned that day. This is going to be tough sledding...
Feeling older young fella? Kids LOL.
 

Zed

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Inched up dollars 1330-40, before next significant move came....down bigly. now we have high probability trade zone incoming. 1269 bottom of the box
1360 + would upset the BIS
 

Zed

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Is this THE set up that we have long expected from the bullion banks prior to the next major up move? Looking very interesting IMO.
 

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Goldhedge

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Welcome back Zed! Hope you're well rested!

From the BOJ pdf: "They cannot stop buying government debt for there is no bid at these rates."

What are they using for 'money' to buy this government debt?