DowGoldEquals1 (@dowgoldequalls1) 's Twitter Profile
DowGoldEquals1

@dowgoldequalls1

Amateur technical analyst charting the secular PM bull market.

ID: 764498323

calendar_today17-08-2012 21:39:32

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DowGoldEquals1 (@dowgoldequals1) 's Twitter Profile Photo

$Gold #Bitcoin ratio may be double bottoming here inside a smaller channel, as it backtests a potentially important descending trendline. We'll see.

$Gold #Bitcoin ratio may be double bottoming here inside a smaller channel, as it backtests a potentially important descending trendline.  We'll see.
DowGoldEquals1 (@dowgoldequals1) 's Twitter Profile Photo

$SILJ $GDXJ ratio. I cloned the wedge to help you visualize how a potential fractal could play out. Such a move would lead to an impulsive move in the miners similar to what we saw in 2016.

$SILJ $GDXJ ratio.  I cloned the wedge to help you visualize how a potential fractal could play out.  Such a move would lead to an impulsive move in the miners similar to what we saw in 2016.
DowGoldEquals1 (@dowgoldequals1) 's Twitter Profile Photo

$GDX is in an interesting spot following the breakout and backtest of its mega pennant. If the miners are going to make the big move we've been anticipating for the past several years, it looks like we could be on the cusp.

$GDX is in an interesting spot following the breakout and backtest of its mega pennant.  If the miners are going to make the big move we've been anticipating for the past several years, it looks like we could be on the cusp.
DowGoldEquals1 (@dowgoldequals1) 's Twitter Profile Photo

$SILJ looks to be rounding out a two-headed IH&S that could propel it from its large pennant. A breakout of such a large pattern could send it to triple digits, signaling $Silver could do the same.

$SILJ looks to be rounding out a two-headed IH&S that could propel it from its large pennant.  A breakout of such a large pattern could send it to triple digits, signaling $Silver could do the same.
DowGoldEquals1 (@dowgoldequals1) 's Twitter Profile Photo

$PLG has been disappointing since its falling wedge backtest last fall. There has just been no follow-through. Will the upward momentum of the metals market save this thing?

$PLG has been disappointing since its falling wedge backtest last fall.  There has just been no follow-through.  Will the upward momentum of the metals market save this thing?
DowGoldEquals1 (@dowgoldequals1) 's Twitter Profile Photo

$GDXJ with not a lot of volume between today's price and about $100. This could be a "thin" zone where price could move quickly.

$GDXJ with not a lot of volume between today's price and about $100.  This could be a "thin" zone where price could move quickly.
DowGoldEquals1 (@dowgoldequals1) 's Twitter Profile Photo

$Gold $Silver ratio is bouncing off the ceiling of its 100-year range. I suspect the ratio gets cut in half over the coming few years.

$Gold $Silver ratio is bouncing off the ceiling of its 100-year range.  I suspect the ratio gets cut in half over the coming few years.
DowGoldEquals1 (@dowgoldequals1) 's Twitter Profile Photo

While the masses are screaming tariffs are causing a stock crash, recall that $DJI $Gold ratio broke down before Donald J. Trump took office. When tariffs are pulled back and stocks contine to slide, they'll all find a new narrative. You don't need a story, just a good chart.

While the masses are screaming tariffs are causing a stock crash, recall that $DJI $Gold ratio broke down before <a href="/realDonaldTrump/">Donald J. Trump</a> took office.  When tariffs are pulled back and stocks contine to slide, they'll all find a new narrative.  You don't need a story, just a good chart.
DowGoldEquals1 (@dowgoldequals1) 's Twitter Profile Photo

$DJI $Gold ratio. I started this account in 2021 based on this chart. Note the consequence of dropping below the '29 peak. This is the long term capital rotation Northstar has been warning you about. Ascending TLs aren't perfect, but interesting clones.

$DJI $Gold ratio.  I started this account in 2021 based on this chart.  Note the consequence of dropping below the '29 peak.  This is the long term capital rotation <a href="/NorthstarCharts/">Northstar</a> has been warning you about.  Ascending TLs aren't perfect, but interesting clones.