PRS LIVE 5 ENDGAME: 1670 BY OCTOBER 5TH.

2020年8月22日

CHART IS SELF EXPLANATORY.

Some notes:

1. PRS LIVE 4.4 is still on, long to 2015 , or by RED #1.
2. PRS LIVE 5 is short RED #1, hedge long at first tag of 1875, MASSIVELY short RED #2.

Why so adamant about 1670?

Basically, we moved from 1160 to 2075. Even though the crash was deep, the recovery was so fast it did not change the massive trend. After 2075, the 213 point decline was extremely quick AND REQUIRES SUCH A QUICK RECOVERY TO HOLD TREND. It is very very likely that this is a major top WHETHER OR NOT WE GET A NEW HIGH IN THE NEXT 30 DAYS. Why? This is because such a move does IS STILL TOO SLOW to prevent a momentum check down. The check down of a 900 point run for gold (in this context, meaning considering its history since 1971)is roughly 400 pts. When using multiple Bollinger Bands to find the standard deviation for the move since August of 2018 at 1160, it is down to 1667 by October 5th.

2020年8月22日

註釋

Note: the lack of massive move down on Thursday and Friday defended the short term regressions really well. PRICE over Volume says we tag 2015 again before the MASSIVE move down.

2020年8月22日

註釋

TYPO: Even though the *MARCH* crash was deep....

2020年8月23日

註釋

UPDATE: I REALLY REALLY HAVE CONVICTION THAT THIS IS TOO SLOW, AND I CHANGED MY DATES OUT OF FEAR OF BEING WRONG. I WILL POST A NEW MAP W/ ORIGINAL 1695 BEFORE 9/10.

2020年8月23日

註釋

PLEASE GO HERE FOR THE UPDATE, TIME LINE HAS CHANGED.