A-Wave Timing

Eric -- THANKS SO MUCH for sharing your considerable insights! (I found you through Jim Sinclair's site.)

Two quick questions:

1. Do you think the A wave for gold started in February at 1045 or in March at 1085?

2. Do you have an estimate, based on past ABCDs, how long the A wave might last? (I assume to the start of the Summer Doldrums for gold, though I'm not sure exactly when those Summer Doldrums start.)

THANKS MUCH,

Newman

A-wave confirmations from the Diffusion Index have been marked by the red circles.

Chart: Gold Diffusion Index

In response to your question, the A-wave began in February, but it wasn't until March that it received technical confirmation from the Diffusion index. Confirmation is important for decision-making, but not necessary for ABCD labeling.

Time is more important than price. It will be a derivative of the 8.6 Hz cycle and money flows. I will discuss the time window as it approaches within the context of money flows changes. As for seasonality for gold (or stocks), I suggest that they are dominated by more influential cycles. Unfortunately, this point is often missed by research that presents them as absolute.