• 2 days Microsoft Beats Estimates as Earnings Season Heats Up
  • 3 days NFT Craze Could Get Bigger with Youtube
  • 3 days Crypto Pain Continues as Bitcoin Hits 6-Month Low
  • 7 days Earnings Season Might Bring Relief to Battered Tech Sector
  • 9 days Banking Stocks Could Be Set For Another Bumper Year
  • 10 days Crypto Mining Migration Continues As Bans Line Up
  • 11 days The Meme Stock Craze Could Lose Out to Crypto
  • 14 days Banking Sector Booming As Stock Market Lags
  • 15 days Has Bitcoin Stopped Bleeding? Some Analysts Seem To Think So
  • 15 days Amazon ‘Competitor’ Charged With Crypto Fraud Scheme
  • 16 days As Competition Heats Up, Cable TV Mega-Merger Revived
  • 17 days China’s Road To Tech Independence
  • 22 days 3 Major Bearish Catalysts For The U.S. Economy In 2022
  • 24 days VR Industry Boomed During Holiday Season
  • 24 days 3 Global eCommerce Brands Have Overtaken Amazon
  • 25 days Another Banner Year for Billionaires
  • 30 days Top 3 Predictions For Bitcoin In The New Year
  • 31 days China Moves To Tighten Rules For Companies Looking To List Abroad
  • 32 days Fake Reviews Go All The Way To The Top
  • 38 days Airlines Want The Government To Ditch Emergency Testing For Covid-19
Brad Gudgeon

Brad Gudgeon

BluStar Market Timer Investment Philosophy: The stock market is currently in a technical Elliott Wave Bear Market Rally. It has been exhibiting A-B-C type waves…

Contact Author

  1. Home
  2. Markets
  3. Other

Good Sized Drop in Equities, Rally in Gold Near

Today (June 8) is the 4/16 TD top. The next low is due on June 12. A sudden sharp sell-off in equities (likely June 9) and a rally in gold is due into Monday. My best guess now is that we see a move into the 2380/90's. GDX could easily move from the 22.90's (forecasted 2 days ago) into the low 24.00's.

Below are charts of the SPX and GDX.

S&P500 Daily Chart
Larger Image

GDX Daily Chart
Larger Image

 


Subscription Website: www.blustarmarkettimer.info
Blog: www.blustarmarkettimer.com

 

Back to homepage

Leave a comment

Leave a comment