Gold Is An Anti-Virus
Chaos Clinic for 3/6/2020
Since my 11/30/2028 Chaos Clinic, I pointed out that money was flowing out of stocks and
into gold. This two year 8 hour bar chart of the GLD Exchange Traded Fund shows
what has happened since.
If you have followed my Chaos Clinics, you should not have missed this opportunity.
Here is the list of the Chaos Clinics about gold:
Chaos Clinic 11/30/2018 Is Gold Set to Rally?
Chaos Clinic 01/04/2019 Gold Is Shining
Chaos Clinic 02/08/2019 Long Term Outlook For Gold
Chaos Clinic 03/15/2019 A Possible Golden Opportunity
Chaos Clinic 04/12/2019 Gold Looks Ready To Rally
Chaos Clinic 05/31/2019 Gold May Be Starting A Major Move
Chaos Clinic 10/18/2019 Gold and Silver Set To Rally
Chaos Clinic 12/06/2019 Gold Is Looking Bright
Chaos Clinic 01/10/2020 Gold Is Not Done
Progress in GLD has been easy to follow with the rainbow of tracking EXMAs.
These are 6, 12, 24, 48 and 96 days long. One can clearly see the moving
averages converge and diverge. That makes it relatively easy to see the seven
moves of a Chaos Clamshell.
Right now, GLD is in the outer (green boxed numbers) move 5. Move 5 is often
the largest of the moves.
So where is GLD now that the corona virus has struck? It is exploding.
Last week, in a minor move 4 down, GLD dropped sharply to test the major
move 3 high, where it found support, then moved sharply higher. That
was a buying opportunity. In fast moves, they may be brief, but they are there.
So money continues to flow into gold, now at an even faster rate. The long
term astro cycle is up into 2023.
Chaos Clamshells are taught in my Cash in On Chaos course.
A free online mini course called Trading The Chaos Clamshell
can be found at http://moneytide.com/hans/institute.asp<\a>
For more on my work, see Moneytide.com
3/6/2020 2:15:34 PM MT clb****:: I posted a chart in the CCT Chatroom.
3/6/2020 11:54:01 AM MT jbs****:: I'm done for the day. Watch for upturn about now.
3/6/2020 11:52:44 AM MT jbs****:: Covered short
3/6/2020 11:47:08 AM MT Al****:: I'm done for the day-thanks for coming-see you next week-take some courses
3/6/2020 11:46:19 AM MT Al****:: looks like dullness has set in-
3/6/2020 11:45:40 AM MT jbs****:: I'm looking for price to hit 33 area.
3/6/2020 11:41:29 AM MT jbs****:: But may not be a major downturn.
3/6/2020 11:40:59 AM MT jbs****:: May be headed up to wave 7 in short term clam shell. That would push price down around 13:52 ish.
3/6/2020 11:37:25 AM MT nel****:: out for +7
3/6/2020 11:14:05 AM MT clb****:: It will be helpful when New York gets back from lunch.
3/6/2020 11:12:28 AM MT clb****:: Thanks Nel. I have a similar setup on a larger fractal. I will wait awhile to post so CCT's can see your chart.
3/6/2020 11:05:51 AM MT Nel****:: have nice fractal grid up pattern
3/6/2020 10:46:52 AM MT Nel****:: bought 42 after bounce off s2
3/6/2020 10:42:21 AM MT clb****:: It looks like market went back to initial support this morning at 6:45 E.T. With the current rally, it is starting to look like a small inverted head and shoulders pattern. It is not the cleanest formation, but does show support at 2925 area.
3/6/2020 10:15:55 AM MT jbs****:: I have the bad habit of looking at short term clam shells. But, if I'm right price will be heading up a bit after 12:22 trade time. We shall see. Just my opinion. Lot of support around the S2 and the 19 below S2.
3/6/2020 10:06:51 AM MT clb****:: jbs, I agree with that idea. It is not to say that support won't be broken today, but if you look at a 10 day 60 minute 24 hour chart of ES, you can see what appears to be a retest of support area on 2/28 to 3/2. Unless 2900 gets taken out, it may be a lot of back and forth.
3/6/2020 10:00:34 AM MT jbs****:: I think price is bouncing off 45 and heading to 35. I am concerned about a shorting going forward today.
3/6/2020 10:00:27 AM MT AZM:: ok . So all his students must have also bought with him . If not Why not ???
3/6/2020 9:55:27 AM MT clb****:: AZM, there is a lot of tutorial information in the right side of the ListOfCharts screen. It will help with learning the process. Dr. Larson also provides courses on the Moneytide website.
3/6/2020 9:45:05 AM MT jbs****:: Okay, maybe this will get us to 38 before bouncing on support.
3/6/2020 9:41:59 AM MT AZM:: webinar teachings .books . seminar claasses When and How to comprehend and start believing this astrology stuff this astrology belief ???? very difficult
3/6/2020 9:30:36 AM MT clb****:: On a 5 minute chart, I see 4 waves up. Wave 5 needs to start soon, or the pattern is broken.
3/6/2020 9:25:03 AM MT clb****:: JBS, you may be correct. My 5 minute chart is still in overbought reading. I just got stopped out for 12. I just have to be patient until the next tide turn.
3/6/2020 9:21:55 AM MT jbs****:: If price can break this support level, I think it will go quickly to 38 area. IMO
3/6/2020 9:04:51 AM MT jbs****:: clb, thanks for that comment.
3/6/2020 9:00:51 AM MT jbs****:: Sorry, just expressing my opinion AZM. That run up would have been a nice profit.
3/6/2020 9:00:17 AM MT clb****:: If you look at the detailed Chaos Chart, it is a 2 moon day. Those days can produce a lot of energy. Sometimes they are 1 directional, and sometimes they have a "V" pattern mid day. I don't know which one exist today, but it will be interesting to watch. I did not want to be a seller this morning because of the support on 2/28 and 3/2 on an hourly chart. It is usually hard to short into support area.
3/6/2020 8:59:46 AM MT Al****:: AZM - I do not call my trades live -I provide tools and teaching so my students can learn to do it themselves
3/6/2020 8:54:25 AM MT jbs****:: Two keys: 1)comments about gap and 11 am 2)Flash Boys bought S2
3/6/2020 8:52:30 AM MT jbs****:: This is not for trading advice. Read carefully, the teaching was there. Look for two key things in the conversation today.
3/6/2020 8:50:24 AM MT AZM:: why we were not informed ?
3/6/2020 8:48:46 AM MT jbs****:: Wow, you are good!
3/6/2020 8:47:55 AM MT Al****:: bought 37 covered 72 S1
3/6/2020 8:43:32 AM MT clb****:: There may be enough energy to make a run back to 3000. This rally could last 2 hours.
3/6/2020 8:36:49 AM MT jbs****:: So tempted to be shorting right now. But, I must have confirmation from EMAs.
3/6/2020 8:34:04 AM MT jbs****:: Al, thanks for FOG.
3/6/2020 8:32:34 AM MT Al****:: a Face Of God showed that bottom -in the CCT Room is an automated FOG
3/6/2020 8:32:04 AM MT jbs****:: I think we are in a 7 move in a short term clam shell. I estimate about 30 more minutes in the move up. That corresponds with the probable downturn at 11:00. I think Flash Boys are going to bounce on the S1 resistance. (IMO, just posting my thoughts not recommendations)
3/6/2020 8:28:59 AM MT AZM:: Thank you clb
3/6/2020 8:26:17 AM MT jbs****:: Stop out.
3/6/2020 8:25:40 AM MT clb****:: The SP1Day chart has support and resistance levels posted.
3/6/2020 8:23:52 AM MT AZM:: sorry
3/6/2020 8:23:30 AM MT AZM:: WHERE CAN WE FIND S2 wHERE CAN WE FINS FLASH BOYS ACTIONS /
3/6/2020 8:23:30 AM MT AZM:: WHERE CAN WE FIND S2 wHERE CAN WE FINS FLASH BOYS ACTIONS /
3/6/2020 8:20:44 AM MT clb****:: If flash boys can run stops at 2950, there may be room to run.
3/6/2020 8:19:31 AM MT clb****:: Good morning everyone. It looks like the overnight session sold into 2/28 support zone. Price just passed T180. Often changes trend for awhile. I would expect some kind of rally attempt, but not sure how much energy. Hourly charts are oversold.
3/6/2020 8:18:14 AM MT Al****:: normal tendency after gap down for rally to 11:00
3/6/2020 8:17:15 AM MT jbs****:: Al, good call.
3/6/2020 8:15:23 AM MT jbs****:: I think the Flash Boys are running stops.
3/6/2020 8:12:42 AM MT Al****:: Flash Boys bought s2
3/6/2020 8:06:59 AM MT AZM:: Thank you for posting
3/6/2020 8:05:09 AM MT jbs****:: 21 is strong support level, imo. But, next attempt may go south fast. Please know that I am a novice trader. I am posting to help keep myself accountable for my trading decisions and to hone my trading skills.
3/6/2020 8:01:12 AM MT jbs****:: wide stop due to extreme volatility
3/6/2020 8:00:38 AM MT jbs****:: Short on pullback, EMAs curl down and in Trade Time window.
3/6/2020 7:59:51 AM MT Al****:: pretty far down to sell, may go up
3/6/2020 7:49:57 AM MT jbs****:: Waiting for EMA confirmation to short. May get start push down from S2
3/6/2020 7:48:30 AM MT Al****:: yes it has BBB
3/6/2020 7:08:16 AM MT BBB****:: GM Al, hope all is well, been off for awhile. What a ride this has been
3/6/2020 6:56:07 AM MT Al****:: Yesterday I posted an hourly chart in the Certified Chaos Trader's Room showing that the S&P was starting move 3 down in a Chaos Clamshell. That move continues.
The CCT Room room is open
to graduates of my 4 main courses. See http://moneytide.com -> Courses for details.
eMylar Fractal of Pi overlays help you be patient, since they show you future potential moves.
The best bargain in my courses is to take the Cash In On Chaos and Fractal of Pi courses and
learn to use the FOP overlay. Then take Chaos Trading Made Easy, and finish with Face Of God.
3/6/2020 6:55:56 AM MT jbs****:: Good morning
3/6/2020 6:50:52 AM MT Al****::
Welcome to the Chaos Clinic. This site has a lot of charts,
so you may find it useful to have several of them available within your
browser. If you have a tabbed browser, you can open separate charts
in separate tabs by right clicking on any link, and selecting "open in new tab"
from the menu. The main list of site pages is at
Recommended pages to watch are SPKISS, Chaos Clinic, SPKISS, MTRainbow, and Chat.
For astro stuff, add SPSunMoon, Wheel, and Chaos Clinic.
Comments appear in the chat room,
Comments in the chat room are announced by a
"duck call" noise. This noise also occurs when the software detects a
resonant hex pattern on the Wheel page. Trading tutorials
are on the right side of the ListOfCharts page. One should
read Trading the MoonTide Tutorial and Keep it Simple as a minimum.
3/6/2020 6:36:13 AM MT Al****:: GM all-good luck today
Chaos Clinic posted on AUX page
9:00 Eastern-System: No comments
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