Entries by Bob Loukas

Forgot to Buy the Dip

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Midweek Cycles Update – June 15th

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Gold Is Ready to Perform

A solid bid returned to the Gold sector this past week as the market saw a solid Gold Rally. And the GLD ETF alone added more than 15 tons of Gold. The precious metals Miners, which had fallen 10% from their recent Cycle highs, rallied to recover all of their losses, and to print new 2016 highs.

Considering that the Dollar also moved sharply higher last week (and continued to start the week) out of its own Cycle Low, the action in the Gold market is surprisingly bullish. If Gold were destined to decline for one more Daily Cycle into an Investor Cycle Low (ICL), I would have expected a rising Dollar to be the catalyst to send it lower.

All Fired Up

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Market Update – June 8th

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Deep Enough

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Return to Conformity

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Midweek Market Update – May 25th

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The King Shall Decide

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Midweek Cycles Update – May 18th

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