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Gold is still likely to decline into the end of the ongoing intermediate cycle. These cycles usually last for half a year, so there are still a few weeks for the usual timing of the cycle low.
Bitcoin is trying to break below the up-trend line since late July. The bitcoin cycle is pretty late, so a low is expected within 1 - 2 weeks.
S&P500 is just into overbought (14-day RSI) with the intermediate cycle nearly 5 months old. So a decline into the end of the intermediate cycle in the next couple of months is likely.
FB: https://www.facebook.com/groups/328846917550793
Twitter: [at] MyFinanceTeache
Gold is still likely to decline into the end of the ongoing intermediate cycle. These cycles usually last for half a year, so there are still a few weeks for the usual timing of the cycle low.
Bitcoin is trying to break below the up-trend line since late July. The bitcoin cycle is pretty late, so a low is expected within 1 - 2 weeks.
S&P500 is just into overbought (14-day RSI) with the intermediate cycle nearly 5 months old. So a decline into the end of the intermediate cycle in the next couple of months is likely.
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