Entries by Bob Loukas

Draghi to Deflate Gold

January 21, 2015 in /by

It has been a nice run of late for gold here in the latter part of this Daily Cycle. Gold has closed above the 10 day moving average for 13 straight sessions, which is the type of bullish, Right Translated Cycle behavior we’ve been longing for. And I continue to believe that gold has found a floor here on the longer time-framed Cycle, which means that this positive action is part of a larger move that will eventually show gold has moved out of a wide, 18 month basing pattern.

A Cycle Test for Equity Markets

January 15, 2015 in /by

In my opinion, it’s only going to be a matter of time before the current world-wide deflationary pull and economic weakness begins to directly impact the US economy. Considering the FED has tapered all QE programs, in an interconnected and dependent world, the US economy has not healed enough to withstand this weakness, let alone continue to “carry the world” on its back.