On a higher timeframe basis: I cautioned on 8/16/18 the break above $1,179.7-$1,183.7 warned of renewed strength. We have seen $905.5. This is ON HOLD. We held major exhaustion at $2,071.6-93.2 with a $2,089.2 high and rolled over $412.8 into the macro bearish correction warned about. This is ON HOLD.
On a lower timeframe basis: We attained $107.9 of the higher trade warned about since the close of 8/10at $1,729.0 (in the (U) contract).This is OFF HOLD. The decent trade below $1,821.4 (+2 tics per/hour) projected this downward $22 minimum, $38 (+) maximum. We attained $40.8, but this is now ON HOLD. The decent trade below $1,802.2 (+.8 of a tic per/hour) projected this downward $30 (+).We have attained $21.6 so far, but this is now ON HOLD. If we trade back above here decently, look for decent strength to come in. This will come in at $1,809.5-13.0 (+.8 of a tic per/hour starting at 10:20am). The decent trade below $1,790.7 (+.8 of a tic per/hour) only brought in $10.1 of pressure before trading back above, which warns of renewed strength now.
NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Gold, Bitcoin, and Energy complex. 'Decent penetrations' are specific amounts and provided to clients daily as well. If you are interested, please feel free to reach out.
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